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PC CONNECTION INC — Director's Dealing 2017
Feb 23, 2017
31881_dirs_2017-02-23_50feaf3c-69df-4b95-8d26-e5d85aa13df3.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: 2017-02-21
Reporting Person: MCGRATH TIMOTHY J (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-21 | Common Stock | M | 6337 | $13.13 | Acquired | 248244 | Direct |
| 2017-02-21 | Common Stock | S | 6337 | $27.8418 | Disposed | 241907 | Direct |
| 2017-02-22 | Common Stock | M | 1506 | $13.13 | Acquired | 243413 | Direct |
| 2017-02-22 | Common Stock | M | 3528 | $6.77 | Acquired | 246941 | Direct |
| 2017-02-22 | Common Stock | S | 5034 | $27.4791 | Disposed | 241907 | Direct |
| 2017-02-23 | Common Stock | M | 4581 | $6.77 | Acquired | 246488 | Direct |
| 2017-02-23 | Common Stock | S | 4581 | $27.1688 | Disposed | 241907 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-21 | Stock Option Right to Buy | $13.13 | M | 6337 | Acquired | 2017-07-23 | Common Stock (6337) | Direct |
| 2017-02-22 | Stock Option Right to Buy | $13.13 | M | 1506 | Acquired | 2017-07-23 | Common Stock (1506) | Direct |
| 2017-02-22 | Stock Option Right to Buy | $6.77 | M | 3528 | Acquired | 2020-04-15 | Common Stock (3528) | Direct |
| 2017-02-23 | Stock Option Right to Buy | $6.77 | M | 4581 | Acquired | 2020-04-15 | Common Stock (4581) | 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 February 21, 2017 at an actual sale price ranging from $27.51 to $28.07. 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 February 22, 2017 at an actual sale price ranging from $27.20 to $27.78. 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 February 23, 2017 at an actual sale price ranging from $26.84 to $27.54. 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.