Butler James Joseph III 4
4 · PFSWEB INC · Filed Nov 19, 2021
Insider Transaction Report
Form 4
PFSWEB INCPFSW
Butler James Joseph III
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2021-11-17$5.00/sh+250,000$1,250,000→ 564,426 total - Exercise/Conversion
Option to purchase
2021-11-17+250,000→ 0 totalExercise: $5.00Exp: 2021-11-25→ Common Stock (250,000 underlying)
Footnotes (3)
- [F1]Exercise of stock options issued under the Company's Stock and Incentive Plan.
- [F2]The shares subject to the option vest as follows: 20% of the shares subject to the option vest on 12/31/2019 and the remaining shares vest 20% annually over the following 4 years.
- [F3]Remaining vesting schedule accelerated 8/25/2021 due to the sale of the LiveArea Business Unit.