Mark C. Pigott - Jan 30, 2023 Form 4 Insider Report for PACCAR INC (PCAR)

Role
Executive Chairman, Director
Signature
Michael R. Beers, by Power of Attorney
Stock symbol
PCAR
Transactions as of
Jan 30, 2023
Transactions value $
-$2,531,403
Form type
4
Date filed
2/1/2023, 02:13 PM
Previous filing
Jan 9, 2023
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCAR Common Stock Options Exercise $5.2M +109K +3.45% $47.81 3.26M Jan 30, 2023 Direct
transaction PCAR Common Stock Sale -$7.73M -70.9K -2.17% $108.96 3.19M Jan 30, 2023 Direct F1
holding PCAR Common Stock 104K Jan 30, 2023 By PACCAR Savings Investment Plan (SIP) F2
holding PCAR Common Stock 283K Jan 30, 2023 By wife and children

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 Options Exercise -109K -100% 0 Jan 30, 2023 Common Stock 109K $47.81 Direct F3
holding PCAR Stock Option 85.6K Jan 30, 2023 Common Stock 85.6K $59.15 Direct
holding PCAR Stock Units (DCP) 40.9K Jan 30, 2023 Common Stock 40.9K Direct F4
holding PCAR Stock Units (DICP) 134K Jan 30, 2023 Common Stock 134K Direct F5
holding PCAR Stock Units (LTIP) 53.7K Jan 30, 2023 Common Stock 53.7K Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price shown is a weighted average sale price for shares sold in multiple transactions; the sale prices ranged from 108.6100 to 109.2500 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F2 Balance includes shares awarded under PACCAR Savings Investment Plan (Company match) in exempt transaction(s) under Rule 16b-3(c) and Rule 16b-3(d).
F3 Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).
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.
F5 Share units held in deferred phantom stock account under PACCAR Deferred Incentive Compensation Plan (DICP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable conditions.
F6 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.