SEC Form 4 · accession 0001209191-17-033961
PFSWEB INC · PFSW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James F Reilly
Director
Period of report
May 17, 2017
Accepted (ET)
May 19, 2017 · 4:54 pm EDT
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 Stock | May 17, 2017 | M | 4,255 | $4.47 | A | 26,383 | D | |
| Common StockF1 | May 17, 2017 | S | 4,255 | $6.95 | D | 22,128 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to buyF2,F3 | $4.42 | May 17, 2017 | M | 4,255 | D | — | Jun 14, 2017 | Common Stock | 4,255 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.94 to $6.96 inclusive. The reporting person undertakes to provide to PFSweb, Inc., any security holder thereof or the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Exercise of employee stock option issued under the Plan.
- F3These shares became exercisable on a cumulative basis from June 15, 2007 to June 15, 2010