Thomas C. Baker - 17 Dec 2024 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Signature
/s/ Thomas C. Baker
Issuer symbol
CNXN
Transactions as of
17 Dec 2024
Net transactions value
-$145,258
Form type
4
Filing time
18 Dec 2024, 16:15:36 UTC
Previous filing
22 Nov 2024
Next filing
11 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXN Common Stock Options Exercise $0 +5,000 +15% $0.000000 37,630 17 Dec 2024 Direct F1
transaction CNXN Common Stock Tax liability $145,258 -1,968 -5.2% $73.81 35,662 17 Dec 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 -50% $0.000000 5,000 17 Dec 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 2020 Stock Incentive Plan on December 17, 2021; 5,000 of the shares vested on December 17, 2024, and the remaining shares are scheduled to vest as follows: 5,000 shares on December 17, 2025. The restricted stock units have an expiration date of December 16, 2031.