Hugo E. Gonzalez - 24 Jan 2024 Form 3 Insider Report for PATRICK INDUSTRIES INC (PATK)

Signature
/s/Hugo E. Gonzalez by Joel D. Duthie, attorney-in-fact
Issuer symbol
PATK
Transactions as of
24 Jan 2024
Net transactions value
$0
Form type
3
Filing time
02 Feb 2024, 21:23:05 UTC
Next filing
23 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PATK Common Stock 23,759 24 Jan 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PATK Common Stock Options 24 Jan 2024 Common Stock 4,875 $41.33 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the aggregate of shares beneficially owned and comprised of: (1) 3,695 time-based shares granted in January 2022, 2023 and 2024 to the Reporting Person by the Issuer and vesting in January 2025, 2026 and 2027, respectively; (2) 14,779 performance-based shares granted in January 2022, 2023 and 2024 which will vest after three years upon achievement of target Company objectives in January 2025, 2026 and 2027 , respectively; and (3) 5,285 shares owned directly by the Reporting Person. The vesting of both the time-based and performance-based share awards is subject to the terms of each of the awards, including the Reporting Person's continued employment with the Issuer.