Timothy J. McGrath - 01 Apr 2024 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role: President & CEO
Signature: /s/Timothy J. McGrath
Issuer symbol: CNXN
Transactions as of: 01 Apr 2024
Net transactions value: -$241,150
Form type: 4
Filing time: 02 Apr 2024, 16:49:03 UTC
Previous filing: 18 Mar 2024
Next filing: 08 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNXN	Common Stock	Options Exercise	$0	+10,000	+3.5%	$0.000000	296,748	01 Apr 2024	Direct	F1
transaction	CNXN	Common Stock	Tax liability	$241,150	-3,680	-1.2%	$65.53	293,068	01 Apr 2024	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	-25%	$0.000000	30,000	01 Apr 2024	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 February 13, 2018; 10,000 of the shares vested on April 1, 2024, and the remaining shares are scheduled to vest as follows: 10,000 shares each year on April 1 through 2027.