Timothy J. McGrath - 29 Oct 2022 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role: President & CEO
Signature: /s/Timothy J. McGrath
Issuer symbol: CNXN
Transactions as of: 29 Oct 2022
Net transactions value: -$103,025
Form type: 4
Filing time: 31 Oct 2022, 16:24:10 UTC
Previous filing: 02 Sep 2022
Next filing: 23 Nov 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	+5,000	+1.6%	$0.000000	323,838	29 Oct 2022	Direct	F1
transaction	CNXN	Common Stock	Tax liability	$103,025	-1,968	-0.61%	$52.35	321,870	29 Oct 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	-5,000	-20%	$0.000000	20,000	29 Oct 2022	Common Stock	5,000		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 October 29, 2019; 5,000 of the shares vested on October 29, 2022, and the remaining shares are scheduled to vest as follows: 5,000 shares annually on October 29, 2023 through October 29, 2026. The restricted units have an expiration date of October 29, 2031.