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PC CONNECTION INC — Director's Dealing 2017
Jan 25, 2017
31881_dirs_2017-01-25_0f233e5f-2c6f-449b-83cd-a00b2806747a.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: 2017-01-23
Reporting Person: MCGRATH TIMOTHY J (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-23 | Common Stock | M | 3777 | $13.13 | Acquired | 245684 | Direct |
| 2017-01-23 | Common Stock | S | 3777 | $27.0966 | Disposed | 241907 | Direct |
| 2017-01-24 | Common Stock | M | 21459 | $13.13 | Acquired | 263366 | Direct |
| 2017-01-24 | Common Stock | S | 21459 | $27.2104 | Disposed | 241907 | Direct |
| 2017-01-25 | Common Stock | M | 30089 | $13.13 | Acquired | 271996 | Direct |
| 2017-01-25 | Common Stock | S | 30089 | $27.4958 | Disposed | 241907 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-23 | Stock Option Right to Buy | $13.13 | M | 3777 | Disposed | 2017-07-23 | Common Stock (3777) | Direct |
| 2017-01-24 | Stock Option Right to Buy | $13.13 | M | 21459 | Disposed | 2017-07-23 | Common Stock (21459) | Direct |
| 2017-01-25 | Stock Option Right to Buy | $13.13 | M | 30089 | Disposed | 2017-07-23 | Common Stock (30089) | 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 January 23, 2017 at an actual sale price ranging from $26.94 to $27.32. 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.
F3: The shares were sold in multiple transactions on January 24, 2017 at an actual sale price ranging from $26.71 to $27.47. 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 January 25, 2017 at an actual sale price ranging from $26.9650 to $27.69. 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.