PC CONNECTION INC — Director's Dealing 2020

Sep 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PC CONNECTION INC (CNXN)
CIK: 0001050377
Period of Report: 2020-09-01

Reporting Person: MCGRATH TIMOTHY J (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-01	Common Stock	M	7000	—	Acquired	248312	Direct
2020-09-01	Common Stock	F	2755	$45.26	Disposed	245557	Direct
2020-09-01	Common Stock	M	8000	—	Acquired	253557	Direct
2020-09-01	Common Stock	F	3148	$45.26	Disposed	250409	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-01	Restricted Stock Units	$	M	7000	Acquired		Common Stock (7000)	Direct
2020-09-01	Restricted Stock Units	$	M	8000	Acquired		Common Stock (8000)	Direct

Footnotes

F1: The restricted stock units convert into common stock on a one-for-one basis.

F2: The restricted stock units were granted under the PC Connection, Inc. Amended and Restated 2007 Stock Incentive Plan on October 30, 2014; 7,000 of the shares vested on September 1, 2020, and the remaining shares are scheduled to vest as follows: 7,000 shares on September 1, 2021; 8,000 shares annually on September 1, 2022 through September 1, 2025.

F3: The restricted stock units were granted under the PC Connection, Inc. Amended and Restated 2007 Stock Incentive Plan on March 1, 2016; 8,000 of the shares vested on September 1, 2020, and the remaining shares are scheduled to vest as follows: 8,000 shares on September 1, 2021; 7,000 on September 1, 2022 and 2023; 12,000 shares on September 1, 2024; 7,000 shares on September 1, 2025; 10,000 shares on September 1, 2026; and 5,000 shares on September 1, 2027.