Harrie Schippers - Jan 1, 2022 Form 4 Insider Report for PACCAR INC (PCAR)

Role
PRESIDENT & CFO
Signature
Michael R. Beers, by Power of Attorney
Stock symbol
PCAR
Transactions as of
Jan 1, 2022
Transactions value $
-$218,355
Form type
4
Date filed
1/4/2022, 05:15 PM
Previous filing
Dec 9, 2021
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCAR Common Stock Options Exercise $0 +9.89K +22.55% $0.00 53.8K Jan 1, 2022 Direct F1
transaction PCAR Common Stock Tax liability -$218K -2.47K -4.6% $88.26 51.3K Jan 3, 2022 Direct F2
holding PCAR Common Stock 1.32K Jan 1, 2022 By PACCAR Savings Investment Plan (SIP)

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
transaction PCAR Stock Units (LTIP) Options Exercise -9.89K -50.52% 9.69K Jan 1, 2022 Common Stock 9.89K Direct F1, F3
holding PCAR Stock Option 11.6K Jan 1, 2022 Common Stock 11.6K $50.00 Direct
holding PCAR Stock Option 8.65K Jan 1, 2022 Common Stock 8.65K $62.46 Direct
holding PCAR Stock Option 54.8K Jan 1, 2022 Common Stock 54.8K $65.56 Direct
holding PCAR Stock Option 29.1K Jan 1, 2022 Common Stock 29.1K $68.69 Direct
holding PCAR Stock Option 43.2K Jan 1, 2022 Common Stock 43.2K $76.18 Direct
holding PCAR Stock Option 43.7K Jan 1, 2022 Common Stock 43.7K $91.89 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units converted to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
F2 Shares withheld for payment of tax liability in connection with the vesting of restricted shares and/or restricted stock units.
F3 Restricted stock units awarded under PACCAR Long Term Incentive Plan (LTIP) and convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions. Each award vests in four equal installments commencing on March 1 following the award and January 1 of the next three years.