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PC CONNECTION INC Director's Dealing 2017

Nov 29, 2017

31881_dirs_2017-11-29_4034b0b2-1fab-44bf-a675-53b6aeebf31d.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: 2017-11-27

Reporting Person: MCGRATH TIMOTHY J (President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-11-27 Common Stock M 10000 Acquired 226907 Direct
2017-11-27 Common Stock F 4195 $27.04 Disposed 222712 Direct
2017-11-28 Common Stock S 5805 $26.8518 Disposed 216907 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-11-27 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 tax withholding obligations.

F2: The shares were sold in multiple transactions on November 28, 2017 at an actual sale price ranging from $26.61 to $27.40 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: The restricted stock units convert into common stock on a one-for-one basis.

F4: The restricted stock units were granted under the PC Connection, Inc. Amended and Restated 2007 Stock Incentive Plan with the following vesting schedule remaining: 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.