SEC Form 4 · accession 0001179110-16-029833
PC CONNECTION INC · CNXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Hall
Director · 10% Owner
Period of report
Sep 16, 2016
Accepted (ET)
Sep 20, 2016 · 4:16 pm EDT
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 | Sep 16, 2016 | G | 6,000 | $0.00 | D | 62,868 | D | |
| Common Stock | Sep 16, 2016 | G | 6,000 | $0.00 | A | 6,000 | I | By Charity |
| Common StockF2 | Sep 16, 2016 | S | 2,000 | $24.3737 | D | 4,000 | I | By Charity |
| Common Stock | holding | — | — | — | 7,119,094 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction involved a gift of securities by the reporting person to a charity that operates on land and in a building owned by the reporting person. The charity subsequently sold a portion of these securities. The reporting person disclaims beneficial ownership of the shares held by the charity, except to the extent of his pecuniary interest therein.
- F2The shares were sold in multiple transactions on September 16, 2016 at an actual sale price ranging from $24.77 to $24.84 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.