Form 4 for CNXN PC CONNECTION INC

Accepted 2021-12-21 00:00:00 ET · period of report 2021-12-17 · accession 0001562180-21-007838 · 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
D	2021-12-21	2021-12-21	CNXN	GALLUP PATRICIA	COB, Chief Admin Off, Dir, 10%	S - Sale	$43.27	-2,000	7.23M	-0.0%	-$86.5K
D	2021-12-21	2021-12-17	CNXN	GALLUP PATRICIA	COB, Chief Admin Off, Dir, 10%	A - Grant	$0.00	+5,000	5,000	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-12-21	S	D	2,000	$43.27	7,233,792	D	—	—	(F1) 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. (F2) The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.65 to $43.63 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.
2	Derivative	Restricted Stock Units	2021-12-17	A	A	5,000	$0.00	5,000	D	— · — to —	5,000 Common Stock	(F4) Each restricted stock unit represents a contingent right to receive one share of common stock. (F5) 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 December 17, 2022 and an additional 25% vesting on each anniversary thereafter until fully vested. The restricted stock units have an expiration date of December 16, 2031.