Patricia Gallup - 02 Feb 2022 Form 4/A - Amendment 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
Issuer symbol: CNXN
Transactions as of: 02 Feb 2022
Net transactions value: -$238,089
Form type: 4/A - Amendment
Filing time: 17 May 2022, 21:28:59 UTC
Date Of Original Report: 04 Feb 2022
Previous filing: 26 Jan 2022
Next filing: 10 Feb 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	Sale	$107,575	-2,500	-0.03%	$43.03	7,212,183	02 Feb 2022	Direct	F1, F2
transaction	CNXN	Common Stock	Sale	$130,514	-3,010	-0.04%	$43.36	7,209,173	03 Feb 2022	Direct	F1, F3
holding	CNXN	Common Stock						7,144,962	02 Feb 2022	By Estate	F4
holding	CNXN	Common Stock						290,133	02 Feb 2022	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 $42.54 to $43.30 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 $43.15 to $43.85 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	These shares are held directly by the Estate of David McLellan Hall (the Estate), for which the reporting person serves as executor. The reporting person also is the beneficiary of trusts which will receive the balance of the Estate. The executor was appointed on January 28, 2021. Accordingly, as the executor and ultimate beneficiary of the Estate, the reporting person has a pecuniary interest in the Estate shares and had an obligation to include these shares in their Section 16 reports following the expiration of the 12-month deferred reporting period permitted by Rule 16a-2(d)(1).
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.