NEGRINI DAVID BEFFA - 17 Dec 2022 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
Director
Signature
/s/Timothy J. McGrath, attorney-in-fact for David Beffa-Negrini
Issuer symbol
CNXN
Transactions as of
17 Dec 2022
Net transactions value
$0
Form type
4
Filing time
19 Dec 2022, 15:04:44 UTC
Previous filing
02 Sep 2022
Next filing
05 Sep 2023
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 +1,250 +1.5% $0.000000 84,750 17 Dec 2022 Direct F1

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 -1,250 -25% $0.000000 3,750 17 Dec 2022 Common Stock 1,250 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 2020 Stock Incentive Plan on December 17, 2021; 1,250 of the shares vested on December 17, 2022, and the remaining shares are scheduled to vest as follows: 1,250 shares annually on December 17, 2023 through December 17, 2025. The restricted stock units have an expiration date of December 16, 2031.