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PC CONNECTION INC — Director's Dealing 2015
Aug 4, 2015
31881_dirs_2015-08-04_63bab89b-0fac-44e8-b5ff-e4e22550c17f.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: 2015-08-01
Reporting Person: MCGRATH TIMOTHY J (President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-01 | Common Stock | M | 25000 | $0.00 | Acquired | 235469 | Direct |
| 2015-08-01 | Common Stock | F | 10488 | $22.19 | Disposed | 224981 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-08-01 | Restricted Stock Unit | $ | M | 25000 | Disposed | Common Stock (25000) | Direct |
Footnotes
F1: PC Connection, Inc. has withheld the number of whole shares necessary to satisfy the minimum statutory withholding obligations.
F2: Each restricted stock unit represents a contingent right to receive one share of Common Stock of PC Connection, Inc.
F3: The restricted stock units were granted under the PC Connection, Inc. Amended and Restated 2007 Stock Incentive Plan on November 12, 2012 with the following vesting schedule; 40,000 shares vesting on 8/1/13; 30,000 shares vesting on 8/1/14; 25,000 shares vesting on 8/1/15; 20,000 shares vesting on 8/1/16, 8/1/17 and 8/1/18; and 10,000 shares vesting on 8/1/19 and 8/1/20.