Harrie Schippers - Mar 1, 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
Mar 1, 2023
Transactions value $
-$129,310
Form type
4
Date filed
3/3/2023, 04:29 PM
Previous filing
Feb 10, 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 $0 +4.55K +5.01% $0.00 95.3K Mar 1, 2023 Direct F1
transaction PCAR Common Stock Tax liability -$129K -1.79K -1.88% $72.20 93.5K Mar 1, 2023 Direct F2
holding PCAR Common Stock 2.59K Mar 1, 2023 By PACCAR Savings Investment Plan (SIP) F3

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 -4.55K -13.88% 28.2K Mar 1, 2023 Common Stock 4.55K Direct F1, F4
holding PCAR Stock Option 17.4K Mar 1, 2023 Common Stock 17.4K $33.33 Direct
holding PCAR Stock Option 6.49K Mar 1, 2023 Common Stock 6.49K $41.64 Direct
holding PCAR Stock Option 67.2K Mar 1, 2023 Common Stock 67.2K $43.71 Direct
holding PCAR Stock Option 64.8K Mar 1, 2023 Common Stock 64.8K $50.79 Direct
holding PCAR Stock Option 65.5K Mar 1, 2023 Common Stock 65.5K $61.26 Direct
holding PCAR Stock Option 65K Mar 1, 2023 Common Stock 65K $62.87 Direct
holding PCAR Stock Option 60.7K Mar 1, 2023 Common Stock 60.7K $71.95 Direct
* 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 Balance includes shares awarded under PACCAR Savings Investment Plan (Company match) in exempt transaction(s) under Rule16b-3(c) and Rule 16b-3(d).
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.