MADDEN THOMAS J 4

4 · PFSWEB INC · Filed Mar 9, 2023

Form 4

Period: 2023-01-30

CFO/Executive Vice President

Transactions

Award
Performance Share Award- 2023 STI
[F1]
2023-01-30+36,200→ 36,200 total
→ Common Stock (36,200 underlying)
Award
Performance Share Award- 2023 LTI
[F2]
2023-01-30+35,016→ 35,016 total
→ Common Stock (35,016 underlying)
Award
Restricted Stock Unit- 2023 LTI
[F3]
2023-01-30+26,935→ 26,935 total
→ Common Stock (26,935 underlying)

Footnotes (3)

[F1]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 2023 fiscal year (subject to adjustment) and contingent upon continued employment.
[F2]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 three year annual vesting beginning in the 2023 fiscal year, contingent upon continued employment and achievement by the Company of certain financial performance goals, and the other terms and conditions of the Plan and PSU Award Agreement.
[F3]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 beginning in the 2023 fiscal year, contingent upon continued employment, and the other terms and conditions of the Plan and RSU Award Agreement.

Signature

/s/ Thomas J Madden|2023-03-09

Documents

1 file