SEC Form 4 · accession 0001209191-17-044569
PFSWEB INC · PFSW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia D Almond
Other
Period of report
Jul 6, 2017
Accepted (ET)
Jul 10, 2017 · 4:30 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 | Jul 6, 2017 | M | 654 | $4.14 | A | 77,863 | D | |
| Common StockF1 | Jul 6, 2017 | S | 654 | $8.02 | D | 77,209 | D | |
| Common Stock | Jul 6, 2017 | M | 8,169 | $4.00 | A | 85,378 | D | |
| Common StockF1 | Jul 6, 2017 | S | 8,169 | $8.02 | D | 77,209 | D | |
| Common Stock | Jul 7, 2017 | M | 6,650 | $4.00 | A | 83,859 | D | |
| Common Stock | Jul 7, 2017 | S | 6,650 | $8.00 | D | 77,209 | D | |
| Common Stock | Jul 10, 2017 | M | 2,181 | $4.00 | A | 79,390 | D | |
| Common Stock | Jul 10, 2017 | S | 2,181 | $8.00 | D | 77,209 | D | |
| Common Stock | Jul 10, 2017 | M | 40,000 | $5.00 | A | 117,209 | D | |
| Common Stock | Jul 10, 2017 | S | 40,000 | $8.00 | D | 77,209 | 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 | $4.14 | Jul 6, 2017 | M | 654 | D | — | May 19, 2018 | Common Stock | 654 | 0 | D |
| Option to buyF2,F4 | $4.00 | Jul 6, 2017 | M | 8,169 | D | — | Apr 18, 2020 | Common Stock | 8,169 | 0 | D |
| Option to buyF2,F4 | $4.00 | Jul 7, 2017 | M | 6,650 | D | — | Apr 18, 2020 | Common Stock | 6,650 | 0 | D |
| Option to buyF2,F4 | $4.00 | Jul 10, 2017 | M | 2,181 | D | — | Apr 18, 2020 | Common Stock | 2,181 | 0 | D |
| Option to buyF2,F5 | $5.00 | Jul 10, 2017 | M | 40,000 | D | — | Mar 29, 2021 | Common Stock | 40,000 | 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 $8.00 to $8.05 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 Employee Stock Option Plan.
- F3These shares became exercisable on a cumulative basis from May 20, 2008 to May 20, 2011.
- F4These shares became exercisable on a cumulative basis from April 19, 2010 to April 19, 2013.
- F5These shares became exercisable on a cumulative basis from March 30, 2011 to March 30, 2014.