Thomas C. Baker - Oct 29, 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
Oct 29, 2022
Transactions value $
-$77,269
Form type
4
Date filed
10/31/2022, 04:22 PM
Previous filing
Mar 9, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXN Common Stock Options Exercise $0 +3.75K +18.42% $0.00 24.1K Oct 29, 2022 Direct F1
transaction CNXN Common Stock Tax liability -$77.3K -1.48K -6.12% $52.35 22.6K Oct 29, 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 -3.75K -50% $0.00 3.75K Oct 29, 2022 Common Stock 3.75K 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 October 29, 2019; 3,750 of the shares vested on October 29, 2022, and the remaining 3,750 shares are scheduled to vest on October 29, 2023. The restricted stock units have an expiration date of October 29, 2031.