0001095315-19-000049.txt : 20190813 0001095315-19-000049.hdr.sgml : 20190813 20190813172635 ACCESSION NUMBER: 0001095315-19-000049 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190809 FILED AS OF DATE: 20190813 DATE AS OF CHANGE: 20190813 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WILLOUGHBY MICHAEL C CENTRAL INDEX KEY: 0001233465 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-28275 FILM NUMBER: 191021856 MAIL ADDRESS: STREET 1: PFSWEB INC STREET 2: 500 N CENTRAL EXPRESSWAY CITY: PLANO STATE: TX ZIP: 75074 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_156573157855746.xml FORM 4 X0306 4 2019-08-09 0 0001095315 PFSWEB INC PFSW 0001233465 WILLOUGHBY MICHAEL C C/O PFSWEB, 505 MILLENNIUM ALLEN TX 75013 1 1 0 0 CEO/President Performance Share Award 2019-08-09 4 A 0 155746 0 A Common Stock 155746.0 155746 D Performance Share Award 2019-08-09 4 A 0 134980 0 A Common Stock 134980.0 134980 D Restricted Stock Unit 2019-08-09 4 A 0 103831 0 A Common Stock 103831.0 103831 D Each performance share represents the contingent right to receive one share of Common Stock. These awards are being issued under an equity plan substantially similar to the Company's PFSweb, Inc. 2018 Stock and Incentive Plan. The shares underlying such awards are subject to registration. 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 2019 fiscal year (subject to adjustment) and/or based upon continued employment. Subject to vesting in three installments beginning December 31, 2019 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. Each RSU represents a right to receive one share of Common Stock. Subject to three year annual vesting beginning in December 2019 based upon continued employment and the other terms and conditions of the RSU Award Agreement. /s/ Thomas J Madden by Power of Attorney 2019-08-13