SEC Form 4 · accession 0001209191-15-046081
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
May 20, 2015
Accepted (ET)
May 22, 2015 · 3:59 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 StockF1,F2 | May 20, 2015 | S | 3,125 | $25.4024 | D | 644,435 | D | |
| Common StockF2,F3 | May 21, 2015 | S | 3,125 | $24.886 | D | 641,310 | D | |
| Common Stock | holding | — | — | — | 7,119,094 | I | By Trust | |
| Common StockF4 | holding | — | — | — | 15,000 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were sold in multiple transactions on May 20, 2015 at an actual sale price ranging from $25.11 to $25.69 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.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2013.
- F3The shares were sold in multiple transactions on May 21, 2015 at an actual sale price ranging from $24.70 to $25.35 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.
- F4The 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.