SEC Form 4 · accession 0001182489-18-000354
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
Sep 1, 2018
Accepted (ET)
Sep 5, 2018 · 5:06 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 1, 2018 | M | 500 | $0.00 | A | 479,717 | D | |
| Common Stock | Sep 1, 2018 | M | 500 | $0.00 | A | 480,217 | D | |
| Common Stock | holding | — | — | — | 7,119,094 | I | By Trust | |
| Common StockF4 | 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 UnitsF1,F2 | — | Sep 1, 2018 | M | 500 | A | — | — | Common Stock | 500 | 500 | D |
| Restricted Stock UnitsF1,F3 | — | Sep 1, 2018 | M | 500 | A | — | — | Common Stock | 500 | 1,000 | 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 October 30, 2014, with vesting scheduled in four annual installments of 500 units each commencing September 1, 2016.
- F3The restricted stock units were granted on March 1, 2016, with vesting scheduled in four annual installments of 500 units each commencing September 1, 2017.
- F4The reporting person disclaims beneficial ownership of these securities, except to the extent of such 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.