TIMOTHY J. MCGRATH - 21 Nov 2022 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
President & CEO
Signature
/s/Timothy J. McGrath
Issuer symbol
CNXN
Transactions as of
21 Nov 2022
Transactions value $
$0
Form type
4
Filing time
23 Nov 2022, 15:41:13 UTC
Previous filing
31 Oct 2022
Next filing
28 Nov 2022
SEC
View on sec.gov

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 Award $0 +40K $0.00 40K 21 Nov 2022 Common Stock 40K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock.
F2 The restricted stock units will vest in equal annual installments over a four-year period, with the first 25% of the restricted stock units vesting on November 21, 2023 and an additional 25% vesting on each anniversary thereafter until fully vested.