Thomas C. Baker - 29 Oct 2023 Form 4 Insider Report for PC CONNECTION INC (CNXN)

Signature
/s/ Thomas C. Baker
Issuer symbol
CNXN
Transactions as of
29 Oct 2023
Net transactions value
-$77,490
Form type
4
Filing time
30 Oct 2023, 16:57:26 UTC
Previous filing
11 Sep 2023
Next filing
22 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNXN Common Stock Options Exercise $0 +3,750 +17% $0.000000 26,092 29 Oct 2023 Direct F1
transaction CNXN Common Stock Tax liability $77,490 -1,476 -5.7% $52.50 24,616 29 Oct 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CNXN Restricted Stock Units Options Exercise $0 -3,750 -100% $0.000000* 0 29 Oct 2023 Common Stock 3,750 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 29, 2019; 3,750 of the shares vested on October 29, 2023.