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PC CONNECTION INC — Director's Dealing 2017
Aug 3, 2017
31881_dirs_2017-08-03_598335fa-568a-48d4-9caa-554cf5a6c9c8.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: 2017-08-01
Reporting Person: MCGRATH TIMOTHY J (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-01 | Common Stock | M | 20000 | — | Acquired | 236907 | Direct |
| 2017-08-01 | Common Stock | F | 8390 | $26.11 | Disposed | 228517 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-01 | Restricted Stock Units | $ | M | 20000 | Acquired | Common Stock (20000) | 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 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.