Jacob R. Petkovich - 20 Jan 2023 Form 4 Insider Report for PATRICK INDUSTRIES INC (PATK)

Role
EVP Finance, CFO & Treasurer
Signature
/s/ Jacob R. Petkovich by Andy L. Nemeth, attorney-in-fact
Issuer symbol
PATK
Transactions as of
20 Jan 2023
Net transactions value
-$295,053
Form type
4
Filing time
24 Jan 2023, 19:54:43 UTC
Previous filing
03 Jan 2023
Next filing
27 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATK Common Stock Other $0 +5,333 +8.7% $0.000000 66,533 20 Jan 2023 Direct F1
transaction PATK Common Stock Tax liability $295,053 -4,533 -6.8% $65.09 62,000 20 Jan 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an adjustment to the number of shares that the reporting owner is entitled to upon vesting in January 2023 of a performance-based grant originally awarded in November 2020.
F2 Represents shares of common stock returned to the Company to satisfy the tax withholding obligation associated with a performance-based stock grant awarded in November 2020 that vested in January 2023 upon the achievement of target Company objectives.