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PC CONNECTION INC — Director's Dealing 2017
Aug 9, 2017
31881_dirs_2017-08-09_b405625a-47ca-4485-95fe-a6bc083a2344.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: 2017-08-08
Reporting Person: MCGRATH TIMOTHY J (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-08 | Common Stock | M | 25000 | $0.00 | Acquired | 253517 | Direct |
| 2017-08-08 | Common Stock | F | 10488 | $26.74 | Disposed | 243029 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-08 | Restricted Stock units | $ | M | 25000 | Acquired | 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: 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 on August 8, 2011 with the following vesting schedule: 25,000 shares vesting on 8/8/2014; 25,000 shares vesting on 8/8/2015; 25,000 shares vesting on 8/8/2016; and 25,000 shares vesting on 8/8/2017.
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