Timothy J. McGrath - 27 Nov 2021 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role: President & CEO
Signature: /s/Timothy J. McGrath
Issuer symbol: CNXN
Transactions as of: 27 Nov 2021
Net transactions value: -$356,196
Form type: 4
Filing time: 29 Nov 2021, 16:02:05 UTC
Previous filing: 01 Nov 2021
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	+20,000	+6.9%	$0.000000	311,546	27 Nov 2021	Direct	F1
transaction	CNXN	Common Stock	Tax liability	$356,196	-7,870	-2.5%	$45.26	303,676	27 Nov 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	-20,000	-44%	$0.000000	25,000	27 Nov 2021	Common Stock	20,000		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 November 27, 2013; 20,000 of the shares vested on November 27, 2021, and the remaining shares are scheduled to vest as follows: 15,000 shares on November 27, 2022; 10,000 shares on November 27, 2023.