SEC Form 4 · accession 0001179110-16-021520
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 5, 2016
Accepted (ET)
Mar 11, 2016 · 11:16 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001050377
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 5, 2016 | M | 5,000 | $0.00 | A | 5,000 | D | |
| Common StockF1 | Mar 5, 2016 | F | 1,623 | $24.52 | D | 3,377 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Mar 5, 2016 | M | 5,000 | D | Mar 5, 2016 | — | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1PC Connection, Inc. has withheld the number of whole shares necessary to satisfy the minimum statutory withholding obligations.
- F2The restricted stock units convert into common stock on a one-for-one basis.
- F3The restricted stock units were granted on March 5, 2012, with vesting to occur in four equal annual installments beginning March 5, 2014.