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