Timothy J. Mcgrath - Nov 27, 2022 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
President & CEO
Signature
/s/Timothy J. McGrath
Stock symbol
CNXN
Transactions as of
Nov 27, 2022
Transactions value $
-$328,030
Form type
4
Date filed
11/28/2022, 03:55 PM
Previous filing
Nov 23, 2022
Next filing
Dec 7, 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 +15K +4.66% $0.00 337K Nov 27, 2022 Direct F1
transaction CNXN Common Stock Tax liability -$328K -5.9K -1.75% $55.57 331K Nov 27, 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 -15K -60% $0.00 10K Nov 27, 2022 Common Stock 15K 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 November 27, 2013; 15,000 of the shares vested on November 27, 2022, and the remaining 10,000 shares are scheduled to vest on November 27, 2023.