SEC Form 4 · accession 0001209191-15-046615
PC CONNECTION INC · CNXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J McGrath
Officer — President and CEO
Period of report
May 21, 2015
Accepted (ET)
May 26, 2015 · 4:05 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 | May 21, 2015 | M | 8,402 | $13.13 | A | 218,871 | D | |
| Common StockF1 | May 21, 2015 | S | 8,402 | $24.9279 | D | 210,469 | D | |
| Common Stock | May 22, 2015 | M | 18,937 | $13.13 | A | 229,406 | D | |
| Common StockF2 | May 22, 2015 | S | 18,937 | $24.537 | D | 210,469 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stk. Opt. Right to Buy | $13.13 | May 21, 2015 | M | 8,402 | D | Dec 31, 2007 | Jul 23, 2017 | Common Stock | 8,402 | 131,598 | D |
| Stk. Opt. Right to Buy | $13.13 | May 22, 2015 | M | 18,937 | D | Dec 31, 2008 | Jul 23, 2017 | Common Stock | 18,937 | 112,661 | D |
Explanation of responses
- F1The shares were sold in multiple transactions on May 21, 2015 at an actual sale price ranging from $24.75 to $25.41 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 shares were sold in multiple transactions on May 22, 2015 at an actual sale price ranging from $24.50 to $24.85 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.