Gallup Patricia - May 11, 2022 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
Chairman & Chief Admin Officer, Director, 10%+ Owner
Signature
/s/Timothy J. McGrath, attorney-in-fact for Patricia Gallup
Stock symbol
CNXN
Transactions as of
May 11, 2022
Transactions value $
-$159,143
Form type
4
Date filed
5/12/2022, 04:49 PM
Previous filing
May 12, 2022
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXN Common Stock Sale -$120K -2.58K -0.12% $46.51 2.14M May 11, 2022 Direct F1, F2
transaction CNXN Common Stock Sale -$39.3K -832 -0.04% $47.22 2.14M May 11, 2022 Direct F1, F3
holding CNXN Common Stock 290K May 11, 2022 By Spouse F4
holding CNXN Common Stock 5M May 11, 2022 By Trust
* 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 $46.06 to $47.01 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 $47.02 to $47.44 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 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.