BAUTE JOSEPH A 4
4 · PC CONNECTION INC · Filed May 24, 2019
Insider Transaction Report
Form 4
BAUTE JOSEPH A
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-05-22−4,500→ 0 total→ Common Stock (4,500 underlying) - Exercise/Conversion
Common Stock
2019-05-22+500→ 8,340 total - Exercise/Conversion
Common Stock
2019-05-22+1,000→ 9,340 total - Exercise/Conversion
Common Stock
2019-05-22+4,500→ 13,840 total - Exercise/Conversion
Restricted Stock Units
2019-05-22−500→ 0 total→ Common Stock (500 underlying) - Exercise/Conversion
Restricted Stock Units
2019-05-22−1,000→ 0 total→ Common Stock (1,000 underlying)
Footnotes (4)
- [F1]The restricted stock units convert into common stock on a one-for-one basis.
- [F2]The restricted stock units were granted on October 30, 2014. As of May 22, 2019, Mr. Baute will no longer serve on the Company's Board of Directors. In recognition of his longstanding service as a director, the Board accelerated the vesting of his 500 remaining unvested restricted stock units available under this grant.
- [F3]The restricted stock units were granted on March 1, 2016. As of May 22, 2019, Mr. Baute will no longer serve on the Company's Board of Directors. In recognition of his longstanding service as a director, the Board accelerated the vesting of his 1,000 remaining unvested restricted stock units available under this grant.
- [F4]The restricted stock units were granted on February 13, 2018. As of May 22, 2019, Mr. Baute will no longer serve on the Company's Board of Directors. In recognition of his longstanding service as a director, the Board accelerated the vesting of his 4,500 remaining unvested restricted stock units available under this grant.