Michael K. Walton - 08 Feb 2023 Form 4 Insider Report for PACCAR INC (PCAR)

Role: VICE PRESIDENT/GENERAL COUNSEL
Signature: Michael R. Beers, by Power of Attorney
Issuer symbol: PCAR
Transactions as of: 08 Feb 2023
Net transactions value: +$186,063
Form type: 4
Filing time: 10 Feb 2023, 16:36:02 UTC
Previous filing: 09 Jan 2023
Next filing: 03 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PCAR	Common Stock						130	08 Feb 2023	Direct	F1
holding	PCAR	Common Stock						5,480	08 Feb 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		+7,918			7,918	08 Feb 2023	Common Stock	7,918	$71.95	Direct	F3
transaction	PCAR	Stock Units (LTIP)	Award	$186,063	+2,586		$71.95	2,586	08 Feb 2023	Common Stock	2,586		Direct	F4, F5
holding	PCAR	Stock Option						1,602	08 Feb 2023	Common Stock	1,602	$43.71	Direct	F1
holding	PCAR	Stock Option						1,248	08 Feb 2023	Common Stock	1,248	$50.79	Direct	F1
holding	PCAR	Stock Option						6,273	08 Feb 2023	Common Stock	6,273	$61.26	Direct	F1
holding	PCAR	Stock Option						7,302	08 Feb 2023	Common Stock	7,302	$62.87	Direct	F1
holding	PCAR	Stock Units (DCP)						11,370	08 Feb 2023	Common Stock	11,370		Direct	F1, F6, F7

* 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.
F6	Share units shown were inadvertently omitted from the reporting person's Form 3 filed on July 30, 2020, and also omitted from all Forms 4 filed for the reporting person between July 30, 2020 and the date of this report.
F7	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 conditions.