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PC CONNECTION INC Director's Dealing 2021

Dec 22, 2021

31881_dirs_2021-12-21_87376c19-ff31-40bf-b90a-7efc0c970824.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: 2021-12-17

Reporting Person: GALLUP PATRICIA (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-12-21 Common Stock S 2000.00 $43.27 Disposed 7233792.00 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-12-17 Restricted Stock Units $ A 5000.00 Acquired Common Stock (5000.00) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 290133.00 Indirect

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 September 16, 2021.

F2: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.65 to $43.63 per share, inclusive. The reporting person undertakes to provide PC Connection, Inc., any security holder of PC Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

F3: The reporting person disclaims beneficial ownership of these securities, except to the extent of such person's pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F4: Each restricted stock unit represents a contingent right to receive one share of common stock.

F5: The restricted stock units will vest in equal annual installments over a four-year period, with the first 25% of the restricted stock units vesting on December 17, 2022 and an additional 25% vesting on each anniversary thereafter until fully vested. The restricted stock units have an expiration date of December 16, 2031.