Timothy J. McGrath - 27 Nov 2023 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Signature
/s/Timothy J. McGrath
Issuer symbol
CNXN
Transactions as of
27 Nov 2023
Net transactions value
-$239,405
Form type
4
Filing time
28 Nov 2023, 16:09:52 UTC
Previous filing
22 Nov 2023
Next filing
19 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXN Common Stock Options Exercise $0 +10,000 +3.6% $0.000000 287,651 27 Nov 2023 Direct F1
transaction CNXN Common Stock Tax liability $239,405 -3,935 -1.4% $60.84 283,716 27 Nov 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 -10,000 -100% $0.000000* 0 27 Nov 2023 Common Stock 10,000 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 November 27, 2013; 10,000 of the shares vested on November 27, 2023.