Form 4 for CNXN PC CONNECTION INC
Accepted 2021-12-21 00:00:00 ET · period of report 2021-12-17 · accession 0001562180-21-007826 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2021-12-21 | 2021-12-17 | CNXN | GALLUP PATRICIA | COB, Chief Admin Off, Dir, 10% | G - Gift | $0.00 | +275.0K | 290.1K | +1,817% | $0 |
| M | 2021-12-21 | 2021-12-20 | CNXN | GALLUP PATRICIA | COB, Chief Admin Off, Dir, 10% | S - Sale | $42.59 | -4,399 | 7.24M | -0.1% | -$187.3K |
| M | 2021-12-21 | 2021-12-17 | CNXN | GALLUP PATRICIA | COB, Chief Admin Off, Dir, 10% | G - Gift | $0.00 | -300.0K | 7.27M | -4% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-17 | G | A | 275,000 | $0.00 | 290,133 | I | — | — | (F1) This transaction involved a gift of securities by the reporting person to her spouse. The reporting person disclaims beneficial ownership of these securities, except to the extent of such person's pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
| 2 | Common | Common Stock | 2021-12-20 | S | D | 330 | $43.14 | 7,239,861 | D | — | — | (F3) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 16, 2021. (F4) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.05 to $43.31 per share, inclusive. The reporting person undertakes to provide PC Connection, Inc., any security holder of PC Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote. |
| 3 | Common | Common Stock | 2021-12-17 | G | D | 25,000 | $0.00 | 7,240,191 | D | — | — | (F2) This transaction involved a gift of securities by the reporting person to a charity. The reporting person disclaims beneficial ownership of the shares held by the charity. |
| 4 | Common | Common Stock | 2021-12-17 | G | D | 275,000 | $0.00 | 7,265,191 | D By Spouse | — | — | (F1) This transaction involved a gift of securities by the reporting person to her spouse. The reporting person disclaims beneficial ownership of these securities, except to the extent of such person's pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
| 5 | Common | Common Stock | 2021-12-20 | S | D | 4,069 | $42.54 | 7,235,792 | D | — | — | (F3) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 16, 2021. (F5) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.08 to $42.96 per share, inclusive. The reporting person undertakes to provide PC Connection, Inc., any security holder of PC Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote. |