Darrin C. Siver - 07 Feb 2022 Form 4 Insider Report for PACCAR INC (PCAR)

Role: SENIOR VICE PRESIDENT
Signature: Michael R. Beers, by Power of Attorney
Issuer symbol: PCAR
Transactions as of: 07 Feb 2022
Net transactions value: +$490,171
Form type: 4
Filing time: 09 Feb 2022, 18:34:10 UTC
Previous filing: 06 Jan 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						29,440	07 Feb 2022	Direct
holding	PCAR	Common Stock						13,802	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		+12,996			12,996	07 Feb 2022	Common Stock	12,996	$94.30	Direct	F2
transaction	PCAR	Stock Units (LTIP)	Award	$490,171	+5,198	+154%	$94.30	8,573	07 Feb 2022	Common Stock	5,198		Direct	F3, F4
holding	PCAR	Stock Option						16,274	07 Feb 2022	Common Stock	16,274	$65.56	Direct
holding	PCAR	Stock Option						12,778	07 Feb 2022	Common Stock	12,778	$68.69	Direct
holding	PCAR	Stock Option						13,278	07 Feb 2022	Common Stock	13,278	$76.18	Direct
holding	PCAR	Stock Option						13,788	07 Feb 2022	Common Stock	13,788	$91.89	Direct
holding	PCAR	Stock Units (DCP)						2,403	07 Feb 2022	Common Stock	2,403		Direct	F5

* 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.
F5	Share units held in deferred phantom stock account under PACCAR Deferred Compensation Plan (DCP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.