Estate of David McLellan Hall - Sep 10, 2021 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
10%+ Owner
Signature
/s/ Patricia Gallup, as executor of the Estate of David McLellan Hall
Stock symbol
CNXN
Transactions as of
Sep 10, 2021
Transactions value $
$0
Form type
4
Date filed
9/27/2021, 08:05 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXN Common Stock Deposit into or withdrawal from voting trust $0 +7.12M +27520.85% $0.00 7.14M Sep 10, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 10, 2021, Patricia Gallup, as the sole remaining trustee of the 1998 PC Connection Voting Trust (the Voting Trust), directed the Voting Trust be liquidated and the shares held of record by the Voting Trust be transferred to Ms. Gallup and the reporting person as the holders of all of the outstanding Voting Trust Receipts, which was completed on September 21, 2021.
F2 Patricia Gallup, as the executor of the reporting person, has both voting and investment power over any shares held by the reporting person, and therefore may be deemed to beneficially own the shares held of record by the reporting person. Ms. Gallup disclaims beneficial ownership of the shares directly held by the reporting person.