Thomas C. Baker - Mar 7, 2022 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
Sr. VP, CFO & Treasurer
Signature
/s/ Thomas C. Baker
Stock symbol
CNXN
Transactions as of
Mar 7, 2022
Transactions value $
-$61,692
Form type
4
Date filed
3/9/2022, 03:58 PM
Previous filing
Feb 24, 2022
Next filing
Oct 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXN Common Stock Options Exercise $0 +5K +30.17% $0.00 21.6K Mar 7, 2022 Direct
transaction CNXN Common Stock Tax liability -$61.7K -1.22K -5.65% $50.65 20.4K Mar 7, 2022 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 -5K -50% $0.00 5K Mar 7, 2022 Common Stock 5K 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 March 7, 2019. 5,000 of the shares vested on March 7, 2022, and the remaining shares are scheduled to vest over on March 7, 2023.