0001095315-20-000147.txt : 20200702 0001095315-20-000147.hdr.sgml : 20200702 20200702172352 ACCESSION NUMBER: 0001095315-20-000147 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200630 FILED AS OF DATE: 20200702 DATE AS OF CHANGE: 20200702 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DelaCruz Stephanie CENTRAL INDEX KEY: 0001792082 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39254 FILM NUMBER: 201010939 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 4 1 wf-form4_159372499518067.xml FORM 4 X0306 4 2020-06-30 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 Restricted Stock Unit - 2019 LTI Plan 2020-06-30 4 A 0 13441 0 A Common Stock 13441.0 13441 D Performance Share Award - 2019 LTI Plan 2020-06-30 4 A 0 13441 0 A Common Stock 13441.0 13441 D Performance Share Award - 2020 STI 2020-06-30 4 A 0 6812 0 A Common Stock 6812.0 6812 D Restricted Stock Unit - 2020 LTI 2020-06-30 4 A 0 7785 0 A Common Stock 7785.0 7785 D Performance Share Award - 2020 LTI 2020-06-30 4 A 0 7785 0 A Common Stock 7785.0 7785 D These awards were previously disclosed on a Form 3 dated 10/31/2019, with the shares underlying such awards being subject to approval of the Company's Stock and Incentive Plan by shareholders. This plan was approved on 6/30/2020 and the awards were granted on the same day. Issuance of Restricted Stock Unit Award under the Company's Stock and Incentive Plan. Each RSU represents a right to receive one share of Common Stock. Subject to vesting in three installments with the first being immediately vested. Remaining installments will vest annually beginning December 31, 2020 based upon continued employment and the other terms and conditions of the RSU Award Agreement. Issuance of Performance Share Award under the Company's Stock and Incentive Plan. Each performance share represents the contingent right to receive one share of Common Stock. Subject to vesting in three installments, the first vesting immediately. Remaining installments will vest annually beginning December 31, 2020 contingent upon continued employment and achievement by the Company of financial performance goals. Issuance of Performance Share Award under the Company's Stock and Incentive Plan. Each performance share represents the contingent right to receive one share of Common Stock. Subject to vesting based upon the achievement by the Company and/or a business unit thereof of performance goals measured by adjusted EBITDA and/or revenue for the 2020 fiscal year (subject to adjustment) and/or based upon continued employment. Issuance of Restricted Stock Unit Award under the Company's Stock and Incentive Plan. Each RSU represents a right to receive one share of Common Stock. Subject to three year annual vesting and the other terms and conditions of the Plan and the RSU Award Agreement. Issuance of Performance Share Award under the Company's Stock and Incentive Plan. Each performance share represents the contingent right to receive one share of Common Stock. Subject to vesting in three installments beginning December 31, 2020 contingent upon continued employment and achievement by the Company of financial performance goals. /s/ Thomas J Madden by Power of Attorney 2020-07-02