Filing Details

Accession Number:
0001562180-23-007891
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-11-22 16:21:00
Reporting Period:
2023-11-20
Accepted Time:
2023-11-22 16:21:00
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
1188266 J Timothy Mcgrath 730 Milford Road
Merrimack NH 03054
President & Ceo No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-11-20 12,104 $60.63 282,176 No 4 S Direct
Common Stock Disposition 2023-11-21 10,590 $61.31 271,586 No 4 S Direct
Common Stock Acquisiton 2023-11-21 10,000 $0.00 281,586 No 4 M Direct
Common Stock Disposition 2023-11-21 3,935 $61.11 277,651 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2023-11-21 10,000 $0.00 10,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
30,000 No 4 M Direct
Footnotes
  1. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.20 to $61.00 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.
  2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.00 to $61.58 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.
  3. The restricted stock units convert into common stock on a one-for-one basis.
  4. The restricted stock units were granted under the PC Connection, Inc. Amended 2020 Stock Incentive Plan on November 21, 2022. 10,000 of the shares vested on November 21, 2023, and the remaining shares are scheduled to vest as follows: 10,000 shares annually on November 21, 2024 through November 21, 2026.