Christine A. Leahy - Aug 9, 2021 Form 4 Insider Report for CDW Corp (CDW)

Role
President and Chief Executive Officer, Director
Signature
/s/ Robert J. Welyki, Attorney-in-Fact
Stock symbol
CDW
Transactions as of
Aug 9, 2021
Transactions value $
-$15,138,642
Form type
4
Date filed
8/11/2021, 04:55 PM
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDW Common Stock, par value $0.01 Options Exercise $252K +10.4K +11.52% $24.29 100K Aug 9, 2021 Direct
transaction CDW Common Stock, par value $0.01 Options Exercise $298K +7.89K +7.87% $37.79 108K Aug 9, 2021 Direct
transaction CDW Common Stock, par value $0.01 Sale -$8.04M -42.6K -39.41% $188.63 65.5K Aug 9, 2021 Direct F1, F2
transaction CDW Common Stock, par value $0.01 Sale -$8.13M -42.9K -65.51% $189.32 22.6K Aug 9, 2021 Direct F1, F3
transaction CDW Common Stock, par value $0.01 Options Exercise $238K +9.78K +43.28% $24.29 32.4K Aug 10, 2021 Direct F4
transaction CDW Common Stock, par value $0.01 Options Exercise $240K +6.35K +19.62% $37.79 38.7K Aug 10, 2021 Direct F4

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 CDW Employee Stock Option (Right to Buy) Options Exercise $0 -10.4K -51.43% $0.00 9.78K Aug 9, 2021 Common Stock, par value $0.01 10.4K $24.29 Direct F5
transaction CDW Employee Stock Option (Right to Buy) Options Exercise $0 -7.89K -24.85% $0.00 23.9K Aug 9, 2021 Common Stock, par value $0.01 7.89K $37.79 Direct F6
transaction CDW Employee Stock Option (Right to Buy) Options Exercise $0 -9.78K -100% $0.00* 0 Aug 10, 2021 Common Stock, par value $0.01 9.78K $24.29 Direct F5
transaction CDW Employee Stock Option (Right to Buy) Options Exercise $0 -6.35K -26.63% $0.00 17.5K Aug 10, 2021 Common Stock, par value $0.01 6.35K $37.79 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 23, 2021 in connection with tax planning.
F2 The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $188.00 to $188.99, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
F3 The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $189.00 to $189.99, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
F4 The shares acquired upon the exercise of stock options on August 10, 2021 are being held by Ms. Leahy.
F5 40,140 options were granted of which one third of the shares vested on each of February 25, 2015, 2016, and 2017. The grant was made under the CDW Corporation 2013 Long-Term Incentive Plan.
F6 31,754 options were granted of which one third of the shares vested on each of February 19, 2016, 2017 and 2018. The grant was made under the CDW Corporation 2013 Long-Term Incentive Plan.

Remarks:

President and Chief Executive Officer