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PC CONNECTION INC — Director's Dealing 2016
Nov 29, 2016
31881_dirs_2016-11-29_4d0c82d7-7456-4416-8398-a1373821fe9b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PC CONNECTION INC (CNXN)
CIK: 0001050377
Period of Report: 2016-11-27
Reporting Person: MCGRATH TIMOTHY J (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-27 | Common Stock | M | 10000 | — | Acquired | 251907 | Direct |
| 2016-11-27 | Common Stock | F | 4195 | $26.79 | Disposed | 247712 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-27 | Restricted Stock Units | $ | M | 10000 | Acquired | Common Stock (10000) | Direct |
Footnotes
F1: PC Connection, Inc. has withheld the number of whole shares necessary to satisfy the minimum statutory withholding obligations.
F2: The restricted stock units convert into common stock on a one-for-one basis.
F3: The restricted stock units were granted under the PC Connection, Inc. Amended and Restated 2007 Stock Incentive Plan with the following vesting schedule remaining; 10,000 shares on 11/27/17; 15,000 shares on 11/27/18; 20,000 shares on 11/27/19; 15,000 shares on 11/27/20; 20,000 shares on 11/27/21; 15,000 shares on 11/27/22; and 10,000 shares on 11/27/23.