Jay Bothwick - Jun 30, 2023 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
Director
Signature
/s/Timothy J. McGrath, attorney-in-fact for Jay Bothwick
Stock symbol
CNXN
Transactions as of
Jun 30, 2023
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 04:05 PM
Previous filing
Jun 21, 2022
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXN Common Stock Options Exercise $0 +1.25K $0.00 1.25K Jun 30, 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 -1.25K -25% $0.00 3.75K Jun 30, 2023 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 June 30, 2022. 1,250 shares vested on June 30, 2023, and the remaining shares are scheduled to vest as follows; 1,250 shares annually on June 30, 2024 through June 30, 2026. The restricted stock units have an expiration date of June 29, 2032.