0001095315-20-000148.txt : 20200702
0001095315-20-000148.hdr.sgml : 20200702
20200702172541
ACCESSION NUMBER: 0001095315-20-000148
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: Fuentes Mark
CENTRAL INDEX KEY: 0001671718
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39254
FILM NUMBER: 201010962
BUSINESS ADDRESS:
BUSINESS PHONE: 9728812900
MAIL ADDRESS:
STREET 1: 505 MILLENNIUM
CITY: ALLEN
STATE: TX
ZIP: 75013
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_159372509340383.xml
FORM 4
X0306
4
2020-06-30
0
0001095315
PFSWEB INC
PFSW
0001671718
Fuentes Mark
C/O PFSWEB, INC.
505 MILLENNIUM DRIVE
ALLEN
TX
75013
0
1
0
0
Senior Vice President & CIO
Performance Share Award
2020-06-30
4
A
0
21364
0
A
Common Stock
21364.0
21364
D
Restricted Stock Unit
2020-06-30
4
A
0
17608
0
A
Common Stock
17608.0
17608
D
Performance Share Award - 2020 STI
2020-06-30
4
A
0
9806
0
A
Common Stock
9806.0
9806
D
Restricted Stock Unit - 2020 LTI
2020-06-30
4
A
0
9806
0
A
Common Stock
9806.0
9806
D
Performance Share Award - 2020 LTI
2020-06-30
4
A
0
9806
0
A
Common Stock
9806.0
9806
D
These awards were previously disclosed on a Form 4 dated 8/9/2019, 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 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 two installments annually beginning December 31, 2020 contingent upon continued employment and the relative total shareholder return of the Company Common Stock as compared to a designated index.
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 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 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