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PC CONNECTION INC — Director's Dealing 2014
Dec 3, 2014
31881_dirs_2014-12-03_4a909f86-9805-45f6-a009-d1122d1bca63.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PC CONNECTION INC (PCCC)
CIK: 0001050377
Period of Report: 2014-12-01
Reporting Person: HALL DAVID (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-12-01 | Common Stock | S | 5000 | $22.9913 | Disposed | 129802 | Direct |
| 2014-12-02 | Common Stock | S | 5000 | $22.8866 | Disposed | 124802 | Direct |
| 2014-12-03 | Common Stock | A | 500 | $0.00 | Acquired | 125302 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-12-03 | Restricted Stock Units | $ | M | 500 | Disposed | Common Stock (500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7369094 | Indirect |
Footnotes
F1: The shares were sold in multiple transactions on December 1, 2014 at an actual sale price ranging from $22.55 to $23.24 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2013.
F3: The shares were sold in multiple transactions on December 2, 2014 at an actual sale price ranging from $22.67 to $23.06 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4: The restricted stock units convert into common stock on a one-for-one basis.
F5: On December 3, 2013, the reporting person was granted 2,500 restricted stock units pursuant to the PC Connection, Inc. Amended and Restated 2007 Stock Incentive Plan, of which 500 restricted stock units vested on the grant date. The remaining restricted stock units vest in four equal annual installments commencing on December 3, 2014.