John N. Rich - Feb 8, 2023 Form 4 Insider Report for PACCAR INC (PCAR)

Role
V.P. & CHIEF TECH. OFFICER
Signature
Michael R. Beers, by Power of Attorney
Stock symbol
PCAR
Transactions as of
Feb 8, 2023
Transactions value $
$342,194
Form type
4
Date filed
2/10/2023, 04:34 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 567 Feb 8, 2023 By PACCAR Savings Investment Plan (SIP) F1

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 +11.9K 11.9K Feb 8, 2023 Common Stock 11.9K $71.95 Direct F2
transaction PCAR Stock Units (LTIP) Award $342K +4.76K $71.95 4.76K Feb 8, 2023 Common Stock 4.76K Direct F3, F4
holding PCAR Stock Option 11.6K Feb 8, 2023 Common Stock 11.6K $62.87 Direct F5
* 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. Balance includes shares awarded under PACCAR Savings Investment Plan (Company match) in exempt transaction(s) under Rule16b-3(c) and Rule 16b-3(d).
F2 Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).
F3 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.
F4 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.
F5 Amount adjusted to reflect 50% stock dividend on February 7, 2023