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Filing Details

Accession Number:: 0001562180-23-004880
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-06-06 16:11:33
Reporting Period:: 2023-06-02

Accepted Time:: 2023-06-06 16:11:33
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1050377	Pc Connection Inc	CNXN	Retail-Catalog & Mail-Order Houses (5961)	020513618

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1186630	Patricia Gallup	730 Milford Road Merrimack NH 03054	Chairman & Chief Admin Officer	No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2023-06-02	600	$46.26	172,280	No	4	S	Indirect	By Estate

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Estate

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	4,610,600	Direct
Common Stock	15,133	Indirect	By Spouse
Common Stock	2,460,052	Indirect	By Trust
Common Stock	6,879,962	Indirect	By Trust
Common Stock	275,000	Indirect	By Trust

Footnotes

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.
The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.25 to $46.30 per share, inclusive. The reporting persons 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.
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.
On May 8, 2023, the Comack Trust distributed 2,539,948 shares of common stock to Ms. Gallup as part of a regularly scheduled annuity payment.
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.
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.
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.
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.