SEC Form 4 · accession 0001179110-16-032760
PC CONNECTION INC · CNXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia Gallup
Officer — Chairman & Chief Admin Officer · Director · 10% Owner
Period of report
Dec 3, 2016
Accepted (ET)
Dec 9, 2016 · 5:21 pm 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 StockF1 | Dec 3, 2016 | M | 500 | $0.00 | A | 497,717 | D | |
| Common Stock | holding | — | — | — | 7,119,094 | I | By Trust | |
| Common StockF2 | holding | — | — | — | 15,000 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Dec 3, 2016 | M | 500 | D | — | — | Common Stock | 500 | 500 | D |
Explanation of responses
- F1This Form 4 is filed late due to administrative oversight.
- F2The reporting person disclaims beneficial ownership of these securities, except to the extent of such reporting person's pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F3The restricted stock units convert into common stock on a one-for-one basis.
- F4On December 3, 2013, the reporting person was granted 2,500 restricted stock units pursuant to the PC Connection, Inc. Amended and Restated 2007 Stock Incentive Plan, of which 500 restricted stock units vested on the grant date. The remaining restricted stock units vest in four equal annual installments commencing on December 3, 2014.