Filing Details

Accession Number:
0001562180-23-001037
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-06 17:14:38
Reporting Period:
2023-02-02
Accepted Time:
2023-02-06 17:14:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1050377 Pc Connection Inc CNXN Retail-Catalog & Mail-Order Houses (5961) 020513618
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1186630 Patricia Gallup 730 Milford Road
Merrimack NH 03054
Chairman & Chief Admin Officer No No No No
1859385 Hall Mclellan David Of Estate 730 Milford Rd.
Merrimack NH 03054
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-02-02 989 $50.50 7,068,577 No 4 S Indirect By Estate
Common Stock Disposition 2023-02-02 2,564 $51.07 7,066,013 No 4 S Indirect By Estate
Common Stock Disposition 2023-02-03 4,325 $51.51 7,061,688 No 4 S Indirect By Estate
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Estate
No 4 S Indirect By Estate
No 4 S Indirect By Estate
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,070,652 Direct
Common Stock 290,133 Indirect By Spouse
Common Stock 5,000,000 Indirect By Trust
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Estate of David McLellan Hall (the Estate) on November 10, 2022.
  2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.80 to $50.78 per share, inclusive. The reporting persons undertakes to provide PC Connection, Inc., any security holder of PC Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
  3. These shares are held directly by the Estate, for which Patricia Gallup serves as executor. Ms. Gallup is also the beneficiary of trusts which will receive the balance of the Estate.
  4. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.80 to $51.42 per share, inclusive. The reporting persons undertake to provide PC Connection, Inc., any security holder of PC Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
  5. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.23 to $51.83 per share, inclusive. The reporting persons undertake to provide PC Connection, Inc., any security holder of PC Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
  6. The reporting persons disclaim 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 persons are the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  7. These shares are held directly by the Comack Trust, a grantor retained annuity trust formed under the laws of the State of New Hampshire. The reporting person is the sole trustee and sole annuitant of the Comack Trust.