Thomas C. Baker - Mar 7, 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
Mar 7, 2023
Transactions value $
-$56,993
Form type
4
Date filed
3/8/2023, 03:07 PM
Previous filing
Feb 27, 2023
Next filing
Aug 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXN Common Stock Options Exercise $0 +5K +17.44% $0.00 33.7K Mar 7, 2023 Direct
transaction CNXN Common Stock Tax liability -$57K -1.33K -3.95% $42.82 32.3K Mar 7, 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 -100% $0.00* 0 Mar 7, 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. Amended and Restated 2007 Stock Incentive Plan on March 7, 2019. 5,000 of the shares vested on March 7, 2023 and this award has now fully vested.