| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CDW | Common Stock, par value $0.01 | Options Exercise | $570K | +15.1K | +21.99% | $37.79 | 83.7K | Nov 15, 2023 | Direct | |
| transaction | CDW | Common Stock, par value $0.01 | Options Exercise | $1.17M | +29.3K | +34.99% | $39.79 | 113K | Nov 15, 2023 | Direct | |
| transaction | CDW | Common Stock, par value $0.01 | Sale | -$814K | -3.74K | -3.31% | $217.87 | 109K | Nov 15, 2023 | Direct | F1, F2 |
| transaction | CDW | Common Stock, par value $0.01 | Sale | -$7.87M | -35.9K | -32.89% | $218.83 | 73.3K | Nov 15, 2023 | Direct | F1, F3 |
| transaction | CDW | Common Stock, par value $0.01 | Sale | -$1.03M | -4.7K | -6.41% | $219.45 | 68.6K | Nov 15, 2023 | Direct | F1, F4 |
| transaction | CDW | Common Stock, par value $0.01 | Options Exercise | $91.4K | +2.42K | +3.53% | $37.79 | 71K | Nov 16, 2023 | Direct | F5 |
| transaction | CDW | Common Stock, par value $0.01 | Options Exercise | $184K | +4.64K | +6.52% | $39.79 | 75.7K | Nov 16, 2023 | Direct | F5 |
| holding | CDW | Common Stock, par value $0.01 | 17.3K | Nov 15, 2023 | By the Christine A. Leahy Gift Trust | F6 |
| 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 | -15.1K | -86.18% | $0.00 | 2.42K | Nov 15, 2023 | Common Stock, par value $0.01 | 15.1K | $37.79 | Direct | F7 |
| transaction | CDW | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -29.3K | -86.34% | $0.00 | 4.64K | Nov 15, 2023 | Common Stock, par value $0.01 | 29.3K | $39.79 | Direct | F8 |
| transaction | CDW | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -2.42K | -100% | $0.00* | 0 | Nov 16, 2023 | Common Stock, par value $0.01 | 2.42K | $37.79 | Direct | F7 |
| transaction | CDW | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -4.64K | -100% | $0.00* | 0 | Nov 16, 2023 | Common Stock, par value $0.01 | 4.64K | $39.79 | Direct | F8 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | On August 7, 2023, the reporting person adopted a Rule 10b5-1 trading plan that is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended. This plan provides for the exercise of stock options and sale of up to an aggregate of 51,437 underlying shares of common stock of the Issuer during the period from November 15, 2023 through April 30, 2024. |
| F2 | The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $217.22 to $218.21, 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 $218.22 to $219.21, 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 price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $219.215 to $219.71 , 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. |
| F5 | The shares acquired upon the exercise of stock options on November 16, 2023 are being held by Ms. Leahy. |
| F6 | These shares are held in a trust for the benefit of the reporting person's children. |
| F7 | 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 Long-Term Incentive Plan. |
| F8 | 33,928 options were granted of which one third of the shares vested on each of March 2, 2017, 2018 and 2019. The grant was made under the CDW Corporation Long-Term Incentive Plan. |
Chair, President and Chief Executive Officer