SEC Form 4 · accession 0001179110-16-020886
PC CONNECTION INC · CNXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Driscoll
Officer — Sr. VP, CFO and Treasurer
Period of report
Mar 2, 2016
Accepted (ET)
Mar 3, 2016 · 4:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001050377
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 2, 2016 | A | 25,000 | A | — | — | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The restricted stock units convert into common stock on a one-for-one basis.
- F2The restricted stock units were granted with the following vesting schedule; 6,000 shares vesting on September 1, 2016; 4,000 shares vesting on September 1, 2017; and 7,500 shares vesting on September 1, 2018 and September 1, 2019.