R. Preston Feight - Jan 1, 2023 Form 4 Insider Report for PACCAR INC (PCAR)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: Michael R. Beers, by Power of Attorney
Stock symbol: PCAR
Transactions as of: Jan 1, 2023
Transactions value $: -$472,483
Form type: 4
Date filed: 1/4/2023, 12:10 PM
Previous filing: Dec 8, 2022
Next filing: Jan 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PCAR	Common Stock	Options Exercise	$0	+11.9K	+19.04%	$0.00	74.5K	Jan 1, 2023	Direct	F1
transaction	PCAR	Common Stock	Tax liability	-$472K	-4.77K	-6.41%	$98.97	69.7K	Jan 3, 2023	Direct	F2
holding	PCAR	Common Stock						9.79K	Jan 1, 2023	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		-11.9K	-38.62%		18.9K	Jan 1, 2023	Common Stock	11.9K		Direct	F1, F3
holding	PCAR	Stock Option						40.8K	Jan 1, 2023	Common Stock	40.8K	$65.56	Direct
holding	PCAR	Stock Option						74.7K	Jan 1, 2023	Common Stock	74.7K	$76.18	Direct
holding	PCAR	Stock Option						96.5K	Jan 1, 2023	Common Stock	96.5K	$91.89	Direct
holding	PCAR	Stock Option						91K	Jan 1, 2023	Common Stock	91K	$94.30	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.