AI assistant
PC CONNECTION INC — Director's Dealing 2021
Sep 2, 2021
31881_dirs_2021-09-02_9d9b4fff-e77f-4469-af6d-2371fcdc5118.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PC CONNECTION INC (CNXN)
CIK: 0001050377
Period of Report: 2021-09-01
Reporting Person: MCGRATH TIMOTHY J (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-01 | Common Stock | M | 7000.00 | $0.00 | Acquired | 286417.00 | Direct |
| 2021-09-01 | Common Stock | F | 2755.00 | $47.75 | Disposed | 283662.00 | Direct |
| 2021-09-01 | Common Stock | M | 8000.00 | $0.00 | Acquired | 291662.00 | Direct |
| 2021-09-01 | Common Stock | F | 3148.00 | $47.75 | Disposed | 288514.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-01 | Restricted Stock Units | $ | M | 7000.00 | Disposed | Common Stock (7000.00) | Direct | |
| 2021-09-01 | Restricted Stock Units | $ | M | 8000.00 | Disposed | Common Stock (8000.00) | 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, 2021, and the remaining shares are scheduled to vest 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, 2021, and the remaining shares are scheduled to vest as follows: 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.