NEGRINI DAVID BEFFA - 17 Dec 2021 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
Director
Signature
/s/Timothy J. McGrath, attorney-in-fact for David Beffa-Negrini
Issuer symbol
CNXN
Transactions as of
17 Dec 2021
Net transactions value
$0
Form type
4
Filing time
21 Dec 2021, 19:23:13 UTC
Previous filing
16 Dec 2021
Next filing
31 Mar 2022
SEC
View on sec.gov

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 +5,000 $0.000000 5,000 17 Dec 2021 Common Stock 5,000 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 will vest in equal annual installments over a four-year period, with the first 25% of the restricted stock units vesting on December 17, 2022 and an additional 25% vesting on each anniversary thereafter until fully vested. The restricted stock units have an expiration date of December 16, 2031.