PC CONNECTION INC — Director's Dealing 2023

Jul 31, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PC CONNECTION INC (CNXN)
CIK: 0001050377
Period of Report: 2023-07-27

Reporting Person: GALLUP PATRICIA (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-27	Common Stock	S	2600.00	$47.84	Disposed	163893.00	Indirect
2023-07-28	Common Stock	S	1800.00	$48.08	Disposed	162093.00	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4610600.00	Direct
Common Stock	15133.00	Indirect
Common Stock	2460052.00	Indirect
Common Stock	6879962.00	Indirect
Common Stock	275000.00	Indirect

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Estate of David McLellan Hall (the Estate) on November 10, 2022.

F2: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.54 to $48.07 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: These shares are held directly by the Estate, for which Patricia Gallup serves as executor. Ms. Gallup is also the beneficiary of trusts which will receive the shares held by the Estate.

F4: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.70 to $48.60 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 reporting persons disclaim 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 persons are the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F6: These shares are held directly by the Comack Trust, a grantor retained annuity trust formed under the laws of the State of New Hampshire. The reporting person is the sole trustee and sole annuitant of the Comack Trust.

F7: These shares are held directly by the David Hall Trust 2003, an irrevocable trust formed under the laws of the State of New Hampshire. Ms. Gallup serves as the sole trustee and is the sole beneficiary of the shares held by the David Hall Trust 2003.

F8: These shares are held directly by the North Branch Trust, an irrevocable trust formed under the laws of the State of New Hampshire. Ms. Gallup serves as the sole trustee of the North Branch Trust.