<SEC-DOCUMENT>0001157523-18-000649.txt : 20180329
<SEC-HEADER>0001157523-18-000649.hdr.sgml : 20180329
<ACCEPTANCE-DATETIME>20180329162220
ACCESSION NUMBER:		0001157523-18-000649
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180326
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180329
DATE AS OF CHANGE:		20180329

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PC CONNECTION INC
		CENTRAL INDEX KEY:			0001050377
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
		IRS NUMBER:				020513618
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23827
		FILM NUMBER:		18723247

	BUSINESS ADDRESS:	
		STREET 1:		ROUTE 101A
		STREET 2:		730 MILFORD RD
		CITY:			MERRIMACK
		STATE:			NH
		ZIP:			03054
		BUSINESS PHONE:		6036832000

	MAIL ADDRESS:	
		STREET 1:		ROUTE 101A
		STREET 2:		730 MILFORD RD
		CITY:			MERRIMACK
		STATE:			NH
		ZIP:			03054
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51780983.htm
<DESCRIPTION>PC CONNECTION, INC. 8-K
<TEXT>
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      <br>
      <font style="font-family: Times New Roman; font-size: 12pt">UNITED STATES</font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-family: Times New Roman; font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 12pt">SECURITIES
      AND EXCHANGE COMMISSION</font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">WASHINGTON,
      D.C. 20549</font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><b>___________________________</b></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt">FORM 8-K</font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">CURRENT
      REPORT</font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">PURSUANT
      TO SECTION 13 OR 15(d) OF</font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">THE
      SECURITIES EXCHANGE ACT OF 1934</font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">Date
      of Report (Date of earliest event reported): &#160;&#160;March 26, 2018</font><br><br>
    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 12pt; margin-bottom: 10.0px; margin-left:auto;margin-right:auto; width: 100%">
      <tr>
        <td valign="top" style="border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-size: 12pt">PC Connection, Inc.</font>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 12pt">(Exact
            name of registrant as specified in charter)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 10pt; margin-left:auto;margin-right:auto; margin-bottom: 10.0px; width: 100%">
      <tr>
        <td valign="bottom" style="border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black; width: 33%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Delaware
          </p>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; text-align: center; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; padding-right: 0.0px; border-bottom-color: black; width: 34%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            0-23827
          </p>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; text-align: center; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; padding-right: 0.0px; border-bottom-color: black; width: 33%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            02-0513618
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px; width: 33%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or other juris-
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            diction of incorporation)
          </p>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px; width: 34%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Commission
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            File Number)
          </p>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px; width: 33%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (IRS Employer
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>
      <br>

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 10pt; margin-left:auto;margin-right:auto; margin-bottom: 10.0px; width: 100%">
      <tr>
        <td valign="bottom" style="border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black; width: 50%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Rt. 101A, 730 Milford Road
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            Merrimack, NH
          </p>
        </td>
        <td valign="top" style="border-bottom-width: 1.0pt; text-align: center; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; padding-right: 0.0px; border-bottom-color: black; width: 50%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            03054
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px; width: 50%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Address
            of principal executive offices)</font>
          </p>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px; width: 50%">
          <font style="font-family: Times New Roman; font-size: 10pt">(Zip
          Code)</font>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      &#160;<br><font style="font-family: Times New Roman; font-size: 10pt">Registrant&#8217;s
      telephone number, including area code: &#160;&#160;</font>(603) 683-2000<br><br>
    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 10pt; margin-left:auto;margin-right:auto; margin-bottom: 10.0px; width: 100%">
      <tr>
        <td valign="top" style="border-bottom-width: 1.0pt; text-align: center; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; padding-right: 0.0px; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            N/A
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          (Former name or former address, if changed since last report)
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Indicate by
      check mark whether the registrant is an emerging growth company as
      defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this
      chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (&#167;240.12b-2 of this chapter).</font>
    </p>
    <p style="text-align: right">
      <font style="font-size: 10pt">Emerging growth company</font><font style="font-family: Arial Unicode MS; font-size: 10pt">&#160;&#8414;</font>
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">If an
      emerging growth company, indicate by check mark if the registrant has
      elected not to use the extended transition period for complying with any
      new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act.</font> <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
    </p>
    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <b>Item 5.02.</b>&#160;&#160;<b>Departure of Directors or Certain
      Officers; Election of Directors; Appointment of Certain Officers;
      Compensatory Arrangements of Certain Officers.</b>
    </p>
    <p style="font-family: Times New Roman; font-size: 10pt; text-indent: 30.0px">
      On March 28, 2018, PC Connection, Inc. a Delaware corporation (the
      &#8220;Company&#8221;) appointed Stephen P. Sarno, Senior Vice President, Treasurer,
      and Chief Financial Officer of the Company, effective immediately.&#160;&#160;Mr.
      Sarno, age 51, will replace the Company&#8217;s Interim Chief Financial
      Officer and Treasurer G. William Schulze, who will continue with the
      Company as Vice President and Corporate Controller. Mr. Schulze resigned
      as Interim Chief Financial Officer and Treasurer on March 28, 2018.
      Prior to joining the Company, Mr. Sarno served as Chief Financial
      Officer of Wyless, Inc., a privately held international provider of
      wireless data communication services from 2015 through its sale in 2016,
      and from 2012 to 2015, he served as Chief Accounting Officer of Exa
      Corporation, a global developer and distributor of computer-aided
      engineering software.&#160; Previously he has served as Chief Accounting
      Officer of several other public companies including Sapient Corporation,
      a global services firm, and was a Senior Manager for 10 years at
      PricewaterhouseCoopers.
    </p>
    <p>
      Mr. Sarno&#8217;s annual base salary will be $375,000, and he will be eligible
      to participate in the Company&#8217;s Executive Bonus Plan at a basic rate of
      100% of base salary but subject to performance-based acceleration
      tables. Additionally, Mr. Sarno will be granted 20,000 restricted stock
      units (&#8220;RSUs&#8221;) entitling him to receive an equal number of shares of the
      Company&#8217;s common stock, such RSUs to vest at a rate of 25% per year,
      beginning with the first anniversary of the date of his employment.
    </p>
    <p>
      Pursuant to the terms of his employment agreement, in the event Mr.
      Sarno&#8217;s employment is terminated for any reason other than death,
      disability, or cause, he is entitled to receive severance payments in an
      amount equal to his base salary at the rate in effect on the date of
      termination (the &#8220;Termination Date&#8221;) for a period of (i) twelve months
      or (ii) until such time as he secures other employment, whichever is
      shorter.
    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Item 9.01.&#160;&#160;Financial Statements and Exhibits</b>
    </p>
    <p style="white-space: nowrap; margin-left: 30.0px">
      &#160;&#160;&#160;(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits
    </p>
    <p style="white-space: nowrap; margin-left: 60.0px">
      &#160;&#160;&#160;&#160;&#160;<a href="a51780983ex99_1.htm">99.1</a>&#160;&#160;&#160;&#160;&#160;&#160;
      <a href="a51780983ex99_1.htm">Press Release issued by PC Connection,
      Inc. on March 29, 2018.</a>
    </p>
    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt">SIGNATURE</font>
    </p>
    <p style="font-family: Times New Roman; font-size: 10pt; text-indent: 30.0px">
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the Registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <p style="font-family: Times New Roman; font-size: 10pt; text-indent: 30.0px">

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; font-size: 10pt; margin-left:auto;margin-right:auto; margin-bottom: 10.0px; width: 100%">
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 6%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Date:
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 44%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            March 29, 2018
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            PC CONNECTION, INC.
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px; width: 6%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px; width: 44%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px; width: 4%">
          By:
        </td>
        <td valign="top" style="border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black; width: 46%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ Timothy McGrath
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 46%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Timothy McGrath
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 46%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            President and
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 46%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Chief Executive Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
  </body>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51780983ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2018 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Stephen
      P. Sarno Joins Connection as CFO</b></font>
    </p>
    <p>
      MERRIMACK, N.H.--(BUSINESS WIRE)--March 29, 2018--Connection (PC
      Connection, Inc.; NASDAQ:&#160;CNXN), a leading technology solutions provider
      to business, government, and education markets, announced today that
      Stephen P. Sarno has joined the Company as Senior Vice President, Chief
      Financial Officer, and Treasurer reporting to Timothy McGrath, President
      and Chief Executive Officer.
    </p>
    <p>
      Mr. Sarno&#8217;s appointment was effective on March 28, 2018. Prior to
      joining Connection, Mr. Sarno served as Chief Financial Officer of
      Wyless, Inc., a privately held international provider of wireless data
      communication services. Previously he has served as Chief Accounting
      Officer of several other public companies including Sapient Corporation,
      a global services firm, and Exa Corporation, a global developer and
      distributor of computer-aided engineering software and was a Senior
      Manager for 10 years at PricewaterhouseCoopers. He has a wide range of
      accounting, finance, and reporting skills, substantial public and
      private company experience and is a CPA in the Commonwealth of
      Massachusetts.
    </p>
    <p>
      &#8220;We are excited to have Steve join our team,&#8221; said Mr. McGrath. &#8220;His
      impressive track record in technology and his senior financial
      management experience will be an asset to the Company and a welcome
      addition to our team.&#8221;
    </p>
    <p>
      <b>About Connection</b>
    </p>
    <p>
      PC Connection, Inc. and its subsidiaries, dba <b>Connection,</b> (<u>www.connection.com</u>;
      NASDAQ: CNXN) is a Fortune 1000 company headquartered in Merrimack, NH.
      With offices throughout the United States, Connection delivers
      custom-configured computer systems overnight from its ISO 9001:2008
      certified technical configuration lab at its distribution center in
      Wilmington, OH. In addition, the Company has over 2,500 technical
      certifications to ensure it can solve the most complex issues of its
      customers. Connection also services international customers through its
      GlobalServe subsidiary, a global IT procurement and service management
      company. Investors and media can find more information about Connection
      at <u>http://ir.pcconnection.com</u>.
    </p>
    <p>
      Connection&#8211;Business Solutions (800-800-5555), (the original business of
      PC Connection) operating through our PC Connection Sales Corp.
      subsidiary, is a rapid-response provider of IT products and services
      serving primarily the small-&#160;and medium-sized business sector. It offers
      more than 300,000 brand-name products through its staff of technically
      trained sales account managers, publications, and its website at <u>www.connection.com</u>.
    </p>
    <p>
      Connection&#8211;Public Sector Solutions (800-800-0019), operating through our
      GovConnection, Inc. subsidiary, is a rapid-response provider of IT
      products and services to federal, state, and local government agencies
      and educational institutions through specialized account managers,
      publications, and online at <u>www.connection.com/publicsector</u>.
    </p>
    <p>
      Connection&#8211;Enterprise Solutions (561-237-3300), <u>www.connection.com/enterprise</u>,
      operating through our MoreDirect, Inc. subsidiary, provides corporate
      technology buyers with best-in-class IT solutions, in-depth IT
      supply-chain expertise, and access to over 300,000 products and 1,600
      vendors through TRAXX&#8482;, a proprietary cloud-based eProcurement system.
      The team&#8217;s engineers, software licensing specialists, and project
      managers help reduce the cost and complexity of buying hardware,
      software, and services throughout the entire IT lifecycle.
    </p>
    <p>
      cnxn-g
    </p>
    <p style="text-align: center">
      ###
    </p>
    <p>
      CONTACT:<br>PC Connection, Inc.<br><b>Corporate Communications Contact:</b><br>Lynn
      MacKenzie, 603-683-2278<br><u>lynn.mackenzie@connection.com</u><br>or<br><b>Investor
      Relations Contact:</b><br>William Schulze, 603-683-2262<br>Vice
      President of Finance<br><u>william.schulze@connection.com</u>
    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
