FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WILLOUGHBY MICHAEL C
2. Issuer Name and Ticker or Trading Symbol

PFSWEB INC [ PFSW ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CEO/President
(Last)          (First)          (Middle)

C/O PFSWEB, 505 MILLENNIUM
3. Date of Earliest Transaction (MM/DD/YYYY)

4/17/2019
(Street)

ALLEN, TX 75013
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   (1) 4/17/2019     M    8341   A   (1) 199629   D    
Common Stock   (2) 4/17/2019     F    2017   D $4.76   197612   D    
Common Stock   (3) 4/17/2019     M    10059   A   (3) 207671   D    
Common Stock   (2) 4/17/2019     F    2433   D $4.76   205238   D    
Common Stock   (3) 4/17/2019     M    7274   A   (3) 212512   D    
Common Stock   (2) 4/17/2019     F    1759   D $4.76   210753   D    
Common Stock   (4) 4/17/2019     A    18037   A   (4) 228790   D    
Common Stock   (2) 4/17/2019     F    4363   D $4.76   224427   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Award     (4) 4/17/2019     M         8341      (4)   (4) Common Stock   8341     (4) 0   D    
Restricted Stock Unit     (5) 4/17/2019     M         10059      (5)   (5) Common Stock   10059     (5) 10058   D    
Restricted Stock Unit     (5) 4/17/2019     M         7274      (5)   (5) Common Stock   7274     (5) 14549   D    
Performance Share Award     (4) 4/17/2019     M         18037      (4)   (4) Common Stock   18037     (4) 0   D    

Explanation of Responses:
(1)  Issuance of Common Stock upon partial settlement of previously issued Performance Share Award granted under the Company's Employee Stock and Incentive Plan (the "Plan").
(2)  Shares of common stock withheld by Issuer to satisfy tax withholding obligation.
(3)  Issuance of Common Stock upon partial settlement of previously issued Restricted Stock Unit Award granted under the Plan.
(4)  Settlement of Performance Share Award issued under the Plan.
(5)  Partial settlement of Restricted Stock Unit Award granted under the Plan whose remaining shares are subject to future vesting based on future service conditions.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WILLOUGHBY MICHAEL C
C/O PFSWEB, 505 MILLENNIUM
ALLEN, TX 75013
X
CEO/President

Signatures
/s/ Thomas J Madden by Power of Attorney 4/19/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Grafico Azioni Pfsweb (NASDAQ:PFSW)
Storico
Da Giu 2024 a Lug 2024 Clicca qui per i Grafici di Pfsweb
Grafico Azioni Pfsweb (NASDAQ:PFSW)
Storico
Da Lug 2023 a Lug 2024 Clicca qui per i Grafici di Pfsweb