David Beffa - Dec 17, 2022 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
Director
Signature
/s/Timothy J. McGrath, attorney-in-fact for David Beffa-Negrini
Stock symbol
CNXN
Transactions as of
Dec 17, 2022
Transactions value $
$0
Form type
4
Date filed
12/19/2022, 03:04 PM
Previous filing
Sep 2, 2022
Next filing
Sep 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXN Common Stock Options Exercise $0 +1.25K +1.5% $0.00 84.8K Dec 17, 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 -1.25K -25% $0.00 3.75K Dec 17, 2022 Common Stock 1.25K 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.