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PC CONNECTION INC Director's Dealing 2021

Dec 21, 2021

31881_dirs_2021-12-21_32c9944e-f3b1-47fb-bfea-8843a13defbd.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
2021-12-17 Common Stock G 275000.00 $0.00 Disposed 7265191.00 Direct
2021-12-17 Common Stock G 25000.00 $0.00 Disposed 7240191.00 Direct
2021-12-17 Common Stock G 275000.00 $0.00 Acquired 290133.00 Indirect
2021-12-20 Common Stock S 330.00 $43.14 Disposed 7239861.00 Direct
2021-12-20 Common Stock S 4069.00 $42.54 Disposed 7235792.00 Direct

Footnotes

F1: This transaction involved a gift of securities by the reporting person to her spouse. 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.

F2: This transaction involved a gift of securities by the reporting person to a charity. The reporting person disclaims beneficial ownership of the shares held by the charity.

F3: 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.

F4: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.05 to $43.31 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.

F5: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.08 to $42.96 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.