Gallup Patricia - Feb 13, 2023 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role: Chairman & Chief Admin Officer, Director, 10%+ Owner
Signature: /s/Patricia Gallup
Stock symbol: CNXN
Transactions as of: Feb 13, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/15/2023, 08:32 PM
Previous filing: Feb 8, 2023
Next filing: Jun 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNXN	Common Stock	Gift	$0	-275K	-94.78%	$0.00	15.1K	Feb 13, 2023	By Spouse	F1, F2
transaction	CNXN	Common Stock	Gift	$0	+275K		$0.00	275K	Feb 13, 2023	By Trust	F1, F2, F3
transaction	CNXN	Common Stock	Will/Inheritance	$0	-6.88M	-97.55%	$0.00	173K	Mar 13, 2023	By Estate	F2, F4, F5
transaction	CNXN	Common Stock	Will/Inheritance	$0	+6.88M		$0.00	6.88M	Mar 13, 2023	By Trust	F2, F4, F6
holding	CNXN	Common Stock						2.07M	Feb 13, 2023	Direct
holding	CNXN	Common Stock						5M	Feb 13, 2023	By Trust	F2, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 13, 2023, Patricia Gallup's spouse gifted 275,000 shares of the Issuer's common stock to the North Branch Trust for no consideration.
F2	The reporting persons disclaim beneficial ownership of these securities, except to the extent of such person's pecuniary interest therein. This report shall not be deemed an admission that the reporting persons are the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F3	These shares are held directly by the North Branch Trust, an irrevocable trust formed under the laws of the State of New Hampshire. Ms. Gallup serves as the sole trustee of the North Branch Trust.
F4	The Estate of David McLellan Hall (the "Estate"), on March 13, 2023, transferred 6,879,962 shares of the Issuer's common stock to the David Hall Trust 2003 at the direction of Ms. Gallup, in her capacity as executor, for no consideration in order to facilitate the administration of certain assets of the Estate.
F5	These shares are held directly by the Estate, for which Ms. Gallup serves as executor. Ms. Gallup is also the beneficiary of trusts which will receive the shares held by the Estate.
F6	These shares are held directly by the David Hall Trust 2003, an irrevocable trust formed under the laws of the State of New Hampshire. Ms. Gallup serves as the sole trustee and is the sole beneficiary of the shares held by the David Hall Trust 2003.
F7	These shares are held directly by the Comack Trust, a grantor retained annuity trust formed under the laws of the State of New Hampshire. Ms. Gallup is the sole trustee and sole annuitant of the Comack Trust.