BARKLEY MICHAEL T. - 01 Jan 2023 Form 4 Insider Report for PACCAR INC (PCAR)

Role: SR. VICE PRESIDENT/CONTROLLER
Signature: Michael R. Beers, by Power of Attorney
Issuer symbol: PCAR
Transactions as of: 01 Jan 2023
Net transactions value: -$91,250
Form type: 4
Filing time: 04 Jan 2023, 12:15:19 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	+3,442	+11%	$0.000000	34,341	01 Jan 2023	Direct	F1
transaction	PCAR	Common Stock	Tax liability	$91,250	-922	-2.7%	$98.97	33,419	03 Jan 2023	Direct	F2
holding	PCAR	Common Stock						6	01 Jan 2023	By PACCAR Employee Stock Purchase Plan (ESPP)
holding	PCAR	Common Stock						21,516	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		-3,442	-48%		3,666	01 Jan 2023	Common Stock	3,442		Direct	F1, F3
holding	PCAR	Stock Option						15,786	01 Jan 2023	Common Stock	15,786	$65.56	Direct
holding	PCAR	Stock Option						12,324	01 Jan 2023	Common Stock	12,324	$67.63	Direct
holding	PCAR	Stock Option						11,372	01 Jan 2023	Common Stock	11,372	$68.69	Direct
holding	PCAR	Stock Option						12,554	01 Jan 2023	Common Stock	12,554	$76.18	Direct
holding	PCAR	Stock Option						13,788	01 Jan 2023	Common Stock	13,788	$91.89	Direct
holding	PCAR	Stock Option						12,996	01 Jan 2023	Common Stock	12,996	$94.30	Direct
holding	PCAR	Stock Units (DCP)						1,104	01 Jan 2023	Common Stock	1,104		Direct	F4

* 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.
F4	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.