Jeffrey M. Rodino - 26 Jan 2024 Form 4 Insider Report for PATRICK INDUSTRIES INC (PATK)

Role
President-RV
Signature
/s/ Jeffrey M. Rodino by Joel D. Duthie, attorney-in-fact
Issuer symbol
PATK
Transactions as of
26 Jan 2024
Net transactions value
-$1,004,626
Form type
4
Filing time
30 Jan 2024, 21:23:19 UTC
Previous filing
26 Jan 2024
Next filing
14 Feb 2024
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 +13,713 +8.3% $0.000000 178,370 26 Jan 2024 Direct F1
transaction PATK Common Stock Tax liability $957,082 -10,099 -5.7% $94.77 168,271 26 Jan 2024 Direct F2
transaction PATK Common Stock Other $0 +1,143 +0.68% $0.000000 169,414 26 Jan 2024 Direct F3
transaction PATK Common Stock Tax liability $47,543 -484 -0.29% $98.23 168,930 26 Jan 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an adjustment to the number of shares that the reporting owner is entitled to upon vesting in January 2024 of a performance-based grant originally awarded in January 2021.
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 January 2021 that vested after three years upon the achievement of target Company objectives.
F3 Represents an adjustment to the number of shares that the reporting owner is entitled to upon vesting in January 2024 of a time-based grant originally awarded in January 2021.
F4 Represents shares of common stock returned to the Company to satisfy the tax withholding obligation associated with a time-based stock grant originally awarded in January 2021 that became fully vested in January 2024.