Thomas C. Baker - Feb 23, 2023 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
Feb 23, 2023
Transactions value $
-$85,759
Form type
4
Date filed
2/27/2023, 03:11 PM
Previous filing
Dec 19, 2022
Next filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXN Common Stock Options Exercise $0 +5K +19.49% $0.00 30.7K Feb 23, 2023 Direct F1
transaction CNXN Common Stock Tax liability -$85.8K -1.99K -6.48% $43.16 28.7K Feb 23, 2023 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 -5K -33.33% $0.00 10K Feb 23, 2023 Common Stock 5K 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. 2020 Stock Incentive Plan on February 23, 2021; 5,000 of the shares vested on February 23, 2023, and the remaining shares are scheduled to vest as follows: 5,000 shares annually on February 23, 2024 through February 23, 2025. The restricted stock units have an expiration date of February 23, 2031.