Timothy J. McGrath - 29 Oct 2024 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Role
President & CEO
Signature
/s/Timothy J. McGrath
Issuer symbol
CNXN
Transactions as of
29 Oct 2024
Net transactions value
-$136,225
Form type
4
Filing time
30 Oct 2024, 16:15:50 UTC
Previous filing
03 Sep 2024
Next filing
22 Nov 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 +5,000 +1.8% $0.000000 280,198 29 Oct 2024 Direct F1
transaction CNXN Common Stock Tax liability $136,225 -1,968 -0.7% $69.22 278,230 29 Oct 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 -5,000 -33% $0.000000 10,000 29 Oct 2024 Common Stock 5,000 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 October 29, 2019; 5,000 of the shares vested on October 29, 2024, and the remaining shares are scheduled to vest as follows: 5,000 shares annually on October 29, 2025 through October 29, 2026. The restricted units have an expiration date of October 29, 2031.