Kip B. Ellis - Jan 26, 2024 Form 4 Insider Report for PATRICK INDUSTRIES INC (PATK)

Role
President-Powersports/ Housing
Signature
/s/ Kip B. Ellis by Joel D. Duthie, attorney-in-fact
Stock symbol
PATK
Transactions as of
Jan 26, 2024
Transactions value $
-$810,852
Form type
4
Date filed
1/30/2024, 09:46 PM
Previous filing
Jan 26, 2024
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATK Common Stock Other $0 +5.71K +4.64% $0.00 129K Jan 26, 2024 Direct F1
transaction PATK Common Stock Tax liability -$811K -8.56K -6.64% $94.77 120K Jan 26, 2024 Direct F2
* 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.