Timothy J. Mcgrath - Apr 1, 2024 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
President & CEO
Signature
/s/Timothy J. McGrath
Stock symbol
CNXN
Transactions as of
Apr 1, 2024
Transactions value $
-$241,150
Form type
4
Date filed
4/2/2024, 04:49 PM
Previous filing
Mar 18, 2024
Next filing
Aug 8, 2024
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 +3.49% $0.00 297K Apr 1, 2024 Direct F1
transaction CNXN Common Stock Tax liability -$241K -3.68K -1.24% $65.53 293K Apr 1, 2024 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 -25% $0.00 30K Apr 1, 2024 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, 2024, and the remaining shares are scheduled to vest as follows: 10,000 shares each year on April 1 through 2027.