Timothy J. Mcgrath - Oct 29, 2023 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
President & CEO
Signature
/s/Timothy J. McGrath
Stock symbol
CNXN
Transactions as of
Oct 29, 2023
Transactions value $
-$103,320
Form type
4
Date filed
10/30/2023, 04:56 PM
Previous filing
Sep 5, 2023
Next filing
Nov 22, 2023
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 +5K +1.72% $0.00 296K Oct 29, 2023 Direct F1
transaction CNXN Common Stock Tax liability -$103K -1.97K -0.66% $52.50 294K Oct 29, 2023 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 -5K -25% $0.00 15K Oct 29, 2023 Common Stock 5K 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; 5,000 of the shares vested on October 29, 2023, and the remaining shares are scheduled to vest as follows: 5,000 shares annually on October 29, 2024 through October 29, 2026. The restricted units have an expiration date of October 29, 2031.