Thomas C. Baker - 07 Mar 2022 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role: Sr. VP, CFO & Treasurer
Signature: /s/ Thomas C. Baker
Issuer symbol: CNXN
Transactions as of: 07 Mar 2022
Net transactions value: -$61,692
Form type: 4
Filing time: 09 Mar 2022, 15:58:11 UTC
Previous filing: 24 Feb 2022
Next filing: 31 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNXN	Common Stock	Options Exercise	$0	+5,000	+30%	$0.000000	21,572	07 Mar 2022	Direct
transaction	CNXN	Common Stock	Tax liability	$61,692	-1,218	-5.6%	$50.65	20,354	07 Mar 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CNXN	Restricted Stock Units	Options Exercise	$0	-5,000	-50%	$0.000000	5,000	07 Mar 2022	Common Stock	5,000		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units convert into common stock on a one-for-one basis.
F2	The restricted stock units were granted under the PC Connection, Inc. Amended and Restated 2007 Stock Incentive Plan on March 7, 2019. 5,000 of the shares vested on March 7, 2022, and the remaining shares are scheduled to vest over on March 7, 2023.