FORM 4
[X] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

LaVerne Brandon H
2. Issuer Name and Ticker or Trading Symbol

PCM, INC. [ PCMI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CFO
(Last)          (First)          (Middle)

1940 EAST MARIPOSA AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

8/30/2019
(Street)

EL SEGUNDO, CA 90245
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COMMON  8/30/2019    D    25112.0000  D $0 (1) 0.0000  D   

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit   (2) 8/30/2019    D        7200.0000    (3)  (3) COMMON  7200.0000   (4) 0.0000  D   
Stock Option (Right to Buy)  $7.6500  8/30/2019    D        9100.0000    (5) 5/20/2020  COMMON  9100.0000   (6) 0.0000  D   
Stock Option (Right to Buy)  $10.0500  8/30/2019    D        12750.0000    (5) 5/20/2021  COMMON  12750.0000   (6) 0.0000  D   
Stock Option (Right to Buy)  $10.0500  8/30/2019    D        43000.0000    (5) 5/20/2023  COMMON  43000.0000   (6) 0.0000  D   
Stock Option (Right to Buy)  $18.7500  8/30/2019    D        17500.0000    (5) 5/20/2024  COMMON  17500.0000   (6) 0.0000  D   
Stock Option (Right to Buy)  $12.6000  8/30/2019    D        35000.0000    (5) 5/20/2025  COMMON  35000.0000   (6) 0.0000  D   
Stock Option (Right to Buy)  $8.0000  8/30/2019    D        6250.0000    (5) 6/10/2021  COMMON  6250.0000   (6) 0.0000  D   
Stock Option (Right to Buy)  $9.5300  8/30/2019    D        15000.0000    (5) 9/15/2022  COMMON  15000.0000   (6) 0.0000  D   

Explanation of Responses:
(1)  Disposition pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and among PCM, Inc. (the "Company"), Insight Enterprises, Inc. and Trojan Acquisition Corp., dated as of June 23, 2019, whereby each share of common stock, par value $0.001, of the Company was converted on the effective date of the merger (August 30, 2019) into the right to receive $35.00 in cash, without interest.
(2)  Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
(3)  The restricted stock units vest in five equal annual installments beginning on the first anniversary of the date of grant. Any unvested units vested in full at the effective time of the merger pursuant to the Merger Agreement.
(4)  Disposition pursuant to the Merger Agreement: at the effective time of the merger, each restricted stock unit was converted into the right to receive an amount in cash equal to $35.00 plus any accrued and unpaid dividend equivalents with respect to such restricted stock unit.
(5)  This option is exercisable in quarterly installments over a 5 year period. Any unvested options vested in full at the effective time of the merger pursuant to the Merger Agreement.
(6)  Disposition pursuant to the Merger Agreement: at the effective time of the merger, each option to purchase the issuer's stock under the issuer's stock plans, whether vested or unvested, was cancelled in exchange for the right to receive an amount in cash equal to the product of (a) the excess of $35.00 over the exercise price of such option multiplied by (b) the number of shares of common stock subject to such option.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
LaVerne Brandon H
1940 EAST MARIPOSA AVENUE
EL SEGUNDO, CA 90245


CFO

Signatures
/s/ Brandon LaVerne 9/3/2019
**Signature of Reporting Person Date


PCM (NASDAQ:PCMI)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024 Click aqui para mais gráficos PCM.
PCM (NASDAQ:PCMI)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024 Click aqui para mais gráficos PCM.

Notícias Pcm, Inc.

Notícias em tempo-real sobre PCM Inc da NASDAQ bolsa de valores: 0 artigos recentes

Mais Notícias de Pcm, Inc.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.