SEC Form 4 · accession 0001209191-18-022550
PFSWEB INC · PFSW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Fuentes
Officer — Senior Vice President & CIO
Period of report
Mar 29, 2018
Accepted (ET)
Apr 2, 2018 · 5:54 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 StockF1 | Mar 29, 2018 | M | 569 | — | A | 18,338 | D | |
| Common StockF2 | Mar 29, 2018 | F | 161 | $8.74 | D | 18,177 | D | |
| Common StockF3 | Mar 29, 2018 | M | 375 | — | A | 18,552 | D | |
| Common StockF2 | Mar 29, 2018 | F | 106 | $8.74 | D | 18,446 | D | |
| Common StockF3 | Mar 29, 2018 | M | 2,995 | — | A | 21,441 | D | |
| Common StockF2 | Mar 29, 2018 | F | 846 | $8.74 | D | 20,595 | D | |
| Common StockF4 | Mar 29, 2018 | A | 4,038 | — | A | 24,633 | D | |
| Common StockF2 | Mar 29, 2018 | F | 1,141 | $8.74 | D | 23,492 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share AwardF5 | — | Mar 29, 2018 | M | 569 | D | — | — | Common Stock | 569 | 10,901 | D |
| Restricted Stock UnitF6 | — | Mar 29, 2018 | M | 375 | D | — | — | Common Stock | 375 | 0 | D |
| Restricted Stock UnitF7 | — | Mar 29, 2018 | M | 2,995 | D | — | — | Common Stock | 2,995 | 5,989 | D |
Explanation of responses
- F1Issuance of Common Stock upon partial settlement of previously issued Performance Share Award granted under the Company's Employee Stock and Incentive Plan (the "Plan").
- F2Shares of common stock withheld by Issuer to satisfy tax withholding obligation.
- F3Issuance of Common Stock upon partial settlement of previously issued Restricted Stock Unit Award granted under the Plan.
- F4Other Stock Based Award issued under the Plan.
- F5Partial settlement of Performance Share Award issued under the Plan whose remaining shares are subject to future vesting based on future service and market price measurement conditions.
- F6Settlement of Restricted Stock Unit Award issued under the Plan.
- F7Partial settlement of Restricted Stock Unit Award granted under the Plan whose remaining shares are subject to future vesting based on future service conditions.