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PC CONNECTION INC — Director's Dealing 2014
Aug 12, 2014
31881_dirs_2014-08-12_e3e58509-8a7a-4388-8d02-bd5e98951aa2.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: 2014-08-08
Reporting Person: HALL DAVID (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-08 | Common Stock | M | 2000 | — | Acquired | 289802 | Direct |
| 2014-08-11 | Common Stock | S | 5000 | $21.5793 | Disposed | 284802 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-08-08 | Restricted Stock Units | $ | M | 2000 | Acquired | Common Stock (2000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7369094 | Indirect |
Footnotes
F1: 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.
F2: The shares were sold in multiple transactions on August 11, 2014 at an actual sale price ranging from $20.92 to $22.20 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.
F3: Each restricted stock unit represents a contingent right to receive one share of Common Stock of PC Connection, Inc.
F4: The restricted stock units were granted on August 8, 2011, with vesting to occur in two equal annual installments commencing August 8, 2014.