0001095315-19-000086.txt : 20191031 0001095315-19-000086.hdr.sgml : 20191031 20191031172504 ACCESSION NUMBER: 0001095315-19-000086 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191017 FILED AS OF DATE: 20191031 DATE AS OF CHANGE: 20191031 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DelaCruz Stephanie CENTRAL INDEX KEY: 0001792082 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-28275 FILM NUMBER: 191184582 MAIL ADDRESS: STREET 1: 5703 OVERTON DR. CITY: PARKER STATE: TX ZIP: 75002 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PFSWEB INC CENTRAL INDEX KEY: 0001095315 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 752837058 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 505 MILLENNIUM DRIVE CITY: ALLEN STATE: TX ZIP: 75013 BUSINESS PHONE: 972-881-2900 MAIL ADDRESS: STREET 1: 505 MILLENNIUM DRIVE CITY: ALLEN STATE: TX ZIP: 75013 3 1 wf-form3_157255708910786.xml FORM 3 X0206 3 2019-10-17 0 0001095315 PFSWEB INC PFSW 0001792082 DelaCruz Stephanie C/O PFSWEB, INC 505 MILLENNIUM DRIVE ALLEN TX 75013 0 1 0 0 Chief Accounting Officer/VP Common Stock 7564 D Restricted Stock Unit - 2018 LTI Plan Common Stock 3390.0 D Performance Share Award - 2018 LTI Plan Common Stock 3390.0 D Restricted Stock Unit - 2019 LTI Plan Common Stock 13441.0 D Performance Share Award - 2019 LTI Plan Common Stock 13441.0 D Performance Share Award - 2019 STI Plan Common Stock 34577.0 D Restricted Stock Unit Common Stock 30000.0 D Restricted Stock Unit Award ("RSU") previously issued under the Company's PFSweb, Inc. 2018 Stock and Incentive Plan. (the "2018 Plan"). Initially subject to three year annual vesting and the other terms and conditions of the 2018 Plan and the RSU Award Agreement. Shares outstanding are related to Fiscal 2019 and Fiscal 2020 vesting criteria. Each RSU represents a right to receive one share of Common Stock. Performance Share Award ("PSU") previously issued under the 2018 Plan. Initially subject to three year annual vesting based upon the the achievement by the Company and/or a business unit thereof of performance goals measured by adjusted EBITDA and/or revenue for the applicable fiscal year (subject to adjustment) and/or based upon continued employment and the other terms and conditions of the 2018 Plan and the PSU Award Agreement. Shares outstanding are related to Fiscal 2019 and Fiscal 2020 vesting criteria. Each Performance Share Award represents the contingent right to receive one share of Common Stock. Restricted Stock Unit Award previously issued. Subject to three year annual vesting and the other terms and conditions of the RSU Award Agreement. Shares outstanding are related to Fiscal 2019, 2020 and 2021 vesting criteria. These awards were issued under an equity plan substantially similar to the 2018 Plan (the "New Plan"). The shares underlying such awards are subject to registration and shareholder approval. Performance Share Award previously issued. Initially subject to three year annual vesting based upon the the achievement by the Company and/or a business unit thereof of performance goals measured by adjusted EBITDA and/or revenue for the applicable fiscal year (subject to adjustment) and/or based upon continued employment and the other terms and conditions of the New Plan and the PSU Award Agreement. Shares outstanding are related to Fiscal 2019, 2020 and 2021 vesting criteria. Performance Share Award previously issued. Subject to vesting based upon the the achievement by the Company and/or a business unit thereof of performance goals measured by adjusted EBITDA and/or revenue for the 2019 fiscal year (subject to adjustment) and/or based upon continued employment and the other terms and conditions of the New Plan and the PSU Award Agreement. Issuance of Restricted Stock Unit Award under the 2018 Plan. Subject to vesting and the other terms and conditions of the 2018 Plan and the RSU Award Agreement including 10,000 shares vesting May 15, 2020 and 20,000 shares vesting May 15, 2021. /s/ Thomas J Madden by Power of Attorney 2019-10-31