Form 4 for CNXN PC CONNECTION INC
Accepted 2023-09-05 00:00:00 ET · period of report 2023-09-01 · accession 0001562180-23-006687 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-09-05 | 2023-09-01 | CNXN | MCGRATH TIMOTHY J | Pres, CEO | M - OptEx | $0.00 | +15.0K | 290.2K | +5% | $0 |
| DM | 2023-09-05 | 2023-09-01 | CNXN | MCGRATH TIMOTHY J | Pres, CEO | F - Tax | $53.80 | -5,903 | 291.2K | -2% | -$317.6K |
| DM | 2023-09-05 | 2023-09-01 | CNXN | MCGRATH TIMOTHY J | Pres, CEO | M - OptEx | $0.00 | -15.0K | 16.0K | -48% | $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 | 2023-09-01 | M | A | 7,000 | $0.00 | 294,003 | D | — | — | |
| 2 | Common | Common Stock | 2023-09-01 | F | D | 3,148 | $53.80 | 287,003 | D | — | — | |
| 3 | Common | Common Stock | 2023-09-01 | M | A | 8,000 | $0.00 | 290,151 | D | — | — | |
| 4 | Common | Common Stock | 2023-09-01 | F | D | 2,755 | $53.80 | 291,248 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2023-09-01 | M | D | 7,000 | $0.00 | 34,000 | D | — · — to — | 7,000 Common Stock | (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 March 1, 2016; 7,000 of the shares vested on September 1, 2023, and the remaining shares are scheduled to vest as follows: 12,000 shares on September 1, 2024; 7,000 shares on September 1, 2025; 10,000 shares on September 1, 2026; and 5,000 shares on September 1, 2027. |
| 6 | Derivative | Restricted Stock Units | 2023-09-01 | M | D | 8,000 | $0.00 | 16,000 | D | — · — to — | 8,000 Common Stock | (F1) The restricted stock units convert into common stock on a one-for-one basis. (F3) The restricted stock units were granted under the PC Connection, Inc. Amended and Restated 2007 Stock Incentive Plan on October 30, 2014; 8,000 of the shares vested on September 1, 2023, and the remaining shares are scheduled to vest 8,000 shares annually on September 1, 2024 through September 1, 2025. |