Thomas C. Baker - 29 Oct 2021 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role: Sr. VP, CFO & Treasurer
Signature: /s/ Thomas C. Baker
Issuer symbol: CNXN
Transactions as of: 29 Oct 2021
Net transactions value: -$42,090
Form type: 4
Filing time: 01 Nov 2021, 20:24:30 UTC
Next filing: 21 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNXN	Common Stock	Options Exercise	$0	+3,750	+37%	$0.000000	13,826	29 Oct 2021	Direct	F1
transaction	CNXN	Common Stock	Tax liability	$42,090	-914	-6.6%	$46.05	12,912	29 Oct 2021	Direct

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	CNXN	Restricted Stock Units	Options Exercise	$0	-3,750	-33%	$0.000000	7,500	29 Oct 2021	Common Stock	3,750		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 October 29, 2019; 3,750 of the shares vested on October 29, 2021, and the remaining shares are scheduled to vest as follows: 3,750 shares annually on October 29, 2022 through October 29, 2023. The restricted stock units have an expiration date of October 29, 2031.