Timothy J. McGrath - 01 Apr 2022 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role: President & CEO
Signature: /s/Timothy J. McGrath
Issuer symbol: CNXN
Transactions as of: 01 Apr 2022
Net transactions value: -$213,710
Form type: 4
Filing time: 04 Apr 2022, 16:09:36 UTC
Previous filing: 21 Dec 2021
Next filing: 02 Sep 2022
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	+10,000	+3.3%	$0.000000	313,676	01 Apr 2022	Direct	F1
transaction	CNXN	Common Stock	Tax liability	$213,710	-3,935	-1.3%	$54.31	309,741	01 Apr 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	-10,000	-17%	$0.000000	50,000	01 Apr 2022	Common Stock	10,000		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 February 13, 2018; 10,000 of the shares vested on April 1, 2022, and the remaining shares are scheduled to vest as follows: 10,000 shares each year on April 1 thru 2027.