Harrie Schippers - 01 Jan 2023 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: 01 Jan 2023
Net transactions value: -$242,378
Form type: 4
Filing time: 04 Jan 2023, 12:13:08 UTC
Previous filing: 08 Dec 2022
Next filing: 09 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PCAR	Common Stock	Options Exercise	$0	+9,712	+18%	$0.000000	62,958	01 Jan 2023	Direct	F1
transaction	PCAR	Common Stock	Tax liability	$242,378	-2,449	-3.9%	$98.97	60,509	03 Jan 2023	Direct	F2
holding	PCAR	Common Stock						1,530	01 Jan 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		-9,712	-50%		9,719	01 Jan 2023	Common Stock	9,712		Direct	F1, F3
holding	PCAR	Stock Option						11,568	01 Jan 2023	Common Stock	11,568	$50.00	Direct
holding	PCAR	Stock Option						4,327	01 Jan 2023	Common Stock	4,327	$62.46	Direct
holding	PCAR	Stock Option						44,814	01 Jan 2023	Common Stock	44,814	$65.56	Direct
holding	PCAR	Stock Option						43,198	01 Jan 2023	Common Stock	43,198	$76.18	Direct
holding	PCAR	Stock Option						43,660	01 Jan 2023	Common Stock	43,660	$91.89	Direct
holding	PCAR	Stock Option						43,314	01 Jan 2023	Common Stock	43,314	$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.