SEC Form 4 · accession 0001209191-15-065249
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
Aug 8, 2015
Accepted (ET)
Aug 11, 2015 · 4:36 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 | Aug 8, 2015 | M | 25,000 | $0.00 | A | 249,981 | D | |
| Common StockF1 | Aug 8, 2015 | F | 10,488 | $21.62 | D | 239,493 | 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 UnitF2,F3 | — | Aug 8, 2015 | M | 25,000 | D | — | — | Common Stock | 25,000 | 50,000 | D |
Explanation of responses
- F1PC Connection, Inc. has withheld the number of whole shares necessary to satisfy the minimum statutory withholding obligations.
- F2Each restricted stock unit represents a contingent right to receive one share of Common Stock of PC Connection, Inc.
- F3The restricted stock units were granted on August 8, 2011 with vesting to occur in four equal annual installments beginning August 8, 2014.