David W. Nelms - Feb 15, 2023 Form 4 Insider Report for CDW Corp (CDW)

Role
Director
Signature
/s/ Shane A. Meredith, Attorney-in-Fact
Stock symbol
CDW
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 06:06 PM
Previous filing
Dec 13, 2022
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDW Common Stock, par value $0.01 Award $0 +835 +3.2% $0.00 27K Feb 15, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan. The restricted stock units vest on February 15, 2024 and settlement into shares of CDW Corporation common stock has been deferred until the sooner of separation from service on the Board of Directors or five years following vesting.
F2 Under the terms of Mr. Nelms' Non-Executive Chair Retainer Restricted Stock Unit (RSU) Award Agreement, Mr. Nelms vested in a pro rata portion of his 2022 Chair Retainer RSU award for the period of time between the grant date and December 31, 2022, when Mr. Nelms transitioned from Non-Executive Chair of our Board to Lead Independent Director. The remaining 131.16 RSUs from Mr. Nelms' 2022 award were cancelled for no value and his holdings reported in Column 5 have been reduced by that amount.