Timothy J. Mcgrath - 01 Apr 2022 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
President & CEO
Signature
/s/Timothy J. McGrath
Issuer symbol
CNXN
Transactions as of
01 Apr 2022
Transactions value $
-$213,710
Form type
4
Date filed
04 Apr 2022, 16:09
Previous filing
21 Dec 2021
Next filing
02 Sep 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 +10K +3.29% $0.00 314K 01 Apr 2022 Direct F1
transaction CNXN Common Stock Tax liability -$214K -3.94K -1.25% $54.31 310K 01 Apr 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 -10K -16.67% $0.00 50K 01 Apr 2022 Common Stock 10K 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 February 13, 2018; 10,000 of the shares vested on April 1, 2022, and the remaining shares are scheduled to vest as follows: 10,000 shares each year on April 1 thru 2027.