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PC CONNECTION INC — Director's Dealing 2017
Mar 22, 2017
31881_dirs_2017-03-22_d2fdff81-b841-4c16-a8bf-921078680d5e.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: 2017-03-20
Reporting Person: MCGRATH TIMOTHY J (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-20 | Common Stock | M | 10304 | $6.77 | Acquired | 252211 | Direct |
| 2017-03-20 | Common Stock | S | 10304 | $28.8578 | Disposed | 241907 | Direct |
| 2017-03-21 | Common Stock | M | 1110 | $6.77 | Acquired | 243017 | Direct |
| 2017-03-21 | Common Stock | S | 1110 | $28.4624 | Disposed | 241907 | Direct |
| 2017-03-21 | Common Stock | S | 5548 | $28.4624 | Disposed | 236359 | Direct |
| 2017-03-22 | Common Stock | S | 3530 | $28.1139 | Disposed | 232829 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-20 | Stock Option Right to Buy | $6.77 | M | 10304 | Acquired | 2020-04-15 | Common Stock (10304) | Direct |
| 2017-03-21 | Stock Option Right to Buy | $6.77 | M | 1110 | Acquired | 2020-04-15 | Common Stock (1110) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2016.
F2: The shares were sold in multiple transactions on March 20, 2017 at an actual sale price ranging from $28.67 to $29.27. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the 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 shares were sold in multiple transactions on March 21, 2017 at an actual sale price ranging from $28.29 to $29.20. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4: The shares were sold in multiple transactions on March 22, 2017 at an actual sale price ranging from $27.90 to $28.32. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.