Harrie Schippers - Feb 8, 2023 Form 4 Insider Report for PACCAR INC (PCAR)

Role
PRESIDENT & CFO
Signature
Michael R. Beers, by Power of Attorney
Stock symbol
PCAR
Transactions as of
Feb 8, 2023
Transactions value $
$1,309,490
Form type
4
Date filed
2/10/2023, 04:31 PM
Previous filing
Jan 9, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PCAR Common Stock 90.8K Feb 8, 2023 Direct F1
holding PCAR Common Stock 2.44K Feb 8, 2023 By PACCAR Savings Investment Plan (SIP) F2

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 +60.7K 60.7K Feb 8, 2023 Common Stock 60.7K $71.95 Direct F3
transaction PCAR Stock Units (LTIP) Award $1.31M +18.2K +124.84% $71.95 32.8K Feb 8, 2023 Common Stock 18.2K Direct F4, F5
holding PCAR Stock Option 17.4K Feb 8, 2023 Common Stock 17.4K $33.33 Direct F1
holding PCAR Stock Option 6.49K Feb 8, 2023 Common Stock 6.49K $41.64 Direct F1
holding PCAR Stock Option 67.2K Feb 8, 2023 Common Stock 67.2K $43.71 Direct F1
holding PCAR Stock Option 64.8K Feb 8, 2023 Common Stock 64.8K $50.79 Direct F1
holding PCAR Stock Option 65.5K Feb 8, 2023 Common Stock 65.5K $61.26 Direct F1
holding PCAR Stock Option 65K Feb 8, 2023 Common Stock 65K $62.87 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amount adjusted to reflect 50% stock dividend on February 7, 2023
F2 Amount adjusted to reflect 50% stock dividend on February 7, 2023. Balance includes shares awarded under PACCAR Savings Investment Plan (Company match) in exempt transaction(s) under Rule16b-3(c) and Rule 16b-3(d).
F3 Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).
F4 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.
F5 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.