Butler James Joseph III 4
4 · PFSWEB INC · Filed Jun 13, 2019
Insider Transaction Report
Form 4
PFSWEB INCPFSW
Butler James Joseph III
Executive Vice President
Transactions
- Award
Performance Shares
2019-06-11+250,000→ 250,000 totalExp: 2024-06-30→ Common Stock (250,000 underlying) - Award
Stock Option
2019-06-11+250,000→ 250,000 totalExercise: $5.00Exp: 2029-06-10→ Common Stock (250,000 underlying)
Footnotes (3)
- [F1]Each performance share represents the contingent right to receive one share of Common Stock.
- [F2]Subject to vesting based on meeting certain trailing 12 month financial metrics at any time through 6/30/2024.
- [F3]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.