SEC Form 4 · accession 0001179110-16-032764
PC CONNECTION INC · CNXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Negrini David Beffa
Director
Period of report
Dec 3, 2016
Accepted (ET)
Dec 9, 2016 · 5:22 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,F2 | Dec 3, 2016 | M | 500 | $0.00 | A | 148,800 | 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 UnitsF3,F4 | — | Dec 3, 2016 | M | 500 | D | — | — | Common Stock | 500 | 0 | D |
Explanation of responses
- F1This Form 4 is filed late due to administrative oversight.
- F2The number of shares reported is the number of shares beneficially owned as of the date of this filing and takes into account transactions reported on Form 4 since the date of the transaction reported herein.
- 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.