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

Role
EVP Operations & COO
Signature
/s/Hugo E. Gonzalez by Joel D. Duthie, attorney-in-fact
Stock symbol
PATK
Transactions as of
Jan 24, 2024
Transactions value $
$0
Form type
3
Date filed
2/2/2024, 09:23 PM
Next filing
Aug 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PATK Common Stock 23.8K Jan 24, 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 Jan 24, 2024 Common Stock 4.88K $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.