Kip B. Ellis - Jun 13, 2023 Form 4 Insider Report for PATRICK INDUSTRIES INC (PATK)

Role
EVP Operations & COO
Signature
/s/ Kip B. Ellis by Joel D. Duthie, attorney-in-fact
Stock symbol
PATK
Transactions as of
Jun 13, 2023
Transactions value $
-$1,070,246
Form type
4
Date filed
6/15/2023, 09:27 PM
Previous filing
Jan 27, 2023
Next filing
Jul 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATK Common Stock Sale -$510K -6.6K -4.95% $77.31 127K Jun 13, 2023 Direct F1
transaction PATK Common Stock Sale -$560K -7K -5.52% $80.00 120K Jun 13, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on March 10, 2023.