SEC Form 4 · accession 0001209191-15-012183
PFSWEB INC · PFSW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Travis Hess
Officer — Executive Vice President
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 6:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001095315
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 9, 2015 | A | 1,495 | $0.00 | A | 1,495 | D | |
| Common Stock | Feb 9, 2015 | F | 454 | $11.15 | D | 1,041 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | Feb 9, 2015 | A | 2,990 | A | — | — | Common Stock | 2,990 | 2,990 | D |
Explanation of responses
- F1Shares of Common Stock issued as Other Stock Based Award under 2005 Employee Stock and Incentive Plan (the "Plan").
- F2Issuance of Restricted Stock Unit Award under the Plan. Each RSU represents a right to receive one share of Common Stock.
- F3RSUs vest in two equal annual installments from the grant date, subject to acceleration upon the occurrence of certain events set forth in the Plan and the RSU Award Agreement.