Patricia Gallup - 14 Dec 2021 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Signature
/s/Timothy J. McGrath, attorney-in-fact for Patricia Gallup
Issuer symbol
CNXN
Transactions as of
14 Dec 2021
Net transactions value
-$220,273
Form type
4
Filing time
16 Dec 2021, 15:15:30 UTC
Previous filing
10 Dec 2021
Next filing
21 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXN Common Stock Sale $74,987 -1,700 -0.02% $44.11 7,543,474 14 Dec 2021 Direct F1, F2
transaction CNXN Common Stock Sale $61,173 -1,367 -0.02% $44.75 7,542,107 15 Dec 2021 Direct F1, F3
transaction CNXN Common Stock Sale $84,112 -1,916 -0.03% $43.90 7,540,191 15 Dec 2021 Direct F1, F4
holding CNXN Common Stock 15,133 14 Dec 2021 By Spouse F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 16, 2021.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.77 to $44.55 per share, inclusive. The reporting person undertakes to provide PC Connection, Inc., any security holder of PC Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
F3 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.52 to $44.96 per share, inclusive. The reporting person undertakes to provide PC Connection, Inc., any security holder of PC Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
F4 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.52 to $44.50 per share, inclusive. The reporting person undertakes to provide PC Connection, Inc., any security holder of PC Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
F5 The reporting person disclaims beneficial ownership of these securities, except to the extent of such person's pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.