SEC Form 4 · accession 0001179110-18-013510
PC CONNECTION INC · CNXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J McGrath
Officer — President & CEO
Period of report
Nov 27, 2018
Accepted (ET)
Dec 6, 2018 · 4:02 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 Stock | Nov 27, 2018 | M | 15,000 | $0.00 | A | 244,761 | D | |
| Common Stock | Nov 27, 2018 | F | 5,903 | $30.70 | D | 238,858 | 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 UnitsF1,F2 | — | Nov 27, 2018 | M | 15,000 | A | — | — | Common Stock | 15,000 | 80,000 | D |
Explanation of responses
- F1The restricted stock units convert into common stock on a one-for-one basis.
- F2The restricted stock units were granted on November 27, 2013 with the following vesting schedule: 5,000 on November 27, 2015, 10,000 on November 27, 2016 and November 27, 2017, 15,000 on November 27, 2018, 20,000 on November 27, 2019, 15,000 on November 27, 2020, 20,000 on November 27, 2021, 15,000 on November 27, 2022, and 10,000 on November 27, 2023.