Harrie Schippers - 07 Feb 2022 Form 4 Insider Report for PACCAR INC (PCAR)

Role: PRESIDENT & CFO
Signature: Michael R. Beers, by Power of Attorney
Issuer symbol: PCAR
Transactions as of: 07 Feb 2022
Net transactions value: +$1,225,334
Form type: 4
Filing time: 09 Feb 2022, 18:34:04 UTC
Previous filing: 02 Feb 2022
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PCAR	Common Stock						51,276	07 Feb 2022	Direct
holding	PCAR	Common Stock						1,403	07 Feb 2022	By PACCAR Savings Investment Plan (SIP)	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
transaction	PCAR	Stock Option	Award		+43,314			43,314	07 Feb 2022	Common Stock	43,314	$94.30	Direct	F2
transaction	PCAR	Stock Units (LTIP)	Award	$1,225,334	+12,994	+134%	$94.30	22,680	07 Feb 2022	Common Stock	12,994		Direct	F3, F4
holding	PCAR	Stock Option						11,568	07 Feb 2022	Common Stock	11,568	$50.00	Direct
holding	PCAR	Stock Option						4,327	07 Feb 2022	Common Stock	4,327	$62.46	Direct
holding	PCAR	Stock Option						54,814	07 Feb 2022	Common Stock	54,814	$65.56	Direct
holding	PCAR	Stock Option						19,052	07 Feb 2022	Common Stock	19,052	$68.69	Direct
holding	PCAR	Stock Option						43,198	07 Feb 2022	Common Stock	43,198	$76.18	Direct
holding	PCAR	Stock Option						43,660	07 Feb 2022	Common Stock	43,660	$91.89	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Balance includes shares awarded under PACCAR Savings Investment Plan (Company match) in exempt transaction(s) under Rule16b-3(c) and Rule 16b-3(d).
F2	Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).
F3	Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
F4	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.