Thomas C. Baker - 29 Oct 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: 29 Oct 2022
Net transactions value: -$77,269
Form type: 4
Filing time: 31 Oct 2022, 16:22:27 UTC
Previous filing: 09 Mar 2022
Next filing: 23 Nov 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	+3,750	+18%	$0.000000	24,104	29 Oct 2022	Direct	F1
transaction	CNXN	Common Stock	Tax liability	$77,269	-1,476	-6.1%	$52.35	22,628	29 Oct 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	-3,750	-50%	$0.000000	3,750	29 Oct 2022	Common Stock	3,750		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 October 29, 2019; 3,750 of the shares vested on October 29, 2022, and the remaining 3,750 shares are scheduled to vest on October 29, 2023. The restricted stock units have an expiration date of October 29, 2031.