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CDW Corp — Director's Dealing 2023
Nov 17, 2023
30270_dirs_2023-11-17_8664f474-ab3f-4fe6-bfb0-c7be24e15d82.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CDW Corp (CDW)
CIK: 0001402057
Period of Report: 2023-11-15
Reporting Person: LEAHY CHRISTINE A (Director, See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-15 | Common Stock, par value $0.01 | M | 15090 | $37.79 | Acquired | 83711.96 | Direct |
| 2023-11-15 | Common Stock, par value $0.01 | M | 29293 | $39.79 | Acquired | 113004.96 | Direct |
| 2023-11-15 | Common Stock, par value $0.01 | S | 3737 | $217.87 | Disposed | 109267.96 | Direct |
| 2023-11-15 | Common Stock, par value $0.01 | S | 35943 | $218.83 | Disposed | 73324.96 | Direct |
| 2023-11-15 | Common Stock, par value $0.01 | S | 4703 | $219.45 | Disposed | 68621.96 | Direct |
| 2023-11-16 | Common Stock, par value $0.01 | M | 2419 | $37.79 | Acquired | 71040.96 | Direct |
| 2023-11-16 | Common Stock, par value $0.01 | M | 4635 | $39.79 | Acquired | 75675.96 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-15 | Employee Stock Option (Right to Buy) | $37.79 | M | 15090 | Disposed | 2025-02-19 | Common Stock, par value $0.01 (15090) | Direct |
| 2023-11-15 | Employee Stock Option (Right to Buy) | $39.79 | M | 29293 | Disposed | 2026-03-02 | Common Stock, par value $0.01 (29293) | Direct |
| 2023-11-16 | Employee Stock Option (Right to Buy) | $37.79 | M | 2419 | Disposed | 2025-02-19 | Common Stock, par value $0.01 (2419) | Direct |
| 2023-11-16 | Employee Stock Option (Right to Buy) | $39.79 | M | 4635 | Disposed | 2026-03-02 | Common Stock, par value $0.01 (4635) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.01 | 17250 | Indirect |
Footnotes
F1: On August 7, 2023, the reporting person adopted a Rule 10b5-1 trading plan that is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended. This plan provides for the exercise of stock options and sale of up to an aggregate of 51,437 underlying shares of common stock of the Issuer during the period from November 15, 2023 through April 30, 2024.
F2: The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $217.22 to $218.21, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
F3: The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $218.22 to $219.21, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
F4: The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $219.215 to $219.71 , inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
F5: The shares acquired upon the exercise of stock options on November 16, 2023 are being held by Ms. Leahy.
F6: These shares are held in a trust for the benefit of the reporting person's children.
F7: 31,754 options were granted of which one third of the shares vested on each of February 19, 2016, 2017 and 2018. The grant was made under the CDW Corporation Long-Term Incentive Plan.
F8: 33,928 options were granted of which one third of the shares vested on each of March 2, 2017, 2018 and 2019. The grant was made under the CDW Corporation Long-Term Incentive Plan.