Sreeganesh Ramaswamy - Jan 2, 2024 Form 4 Insider Report for PACCAR INC (PCAR)

Role
Director
Signature
Michael R. Beers, by Power of Attorney
Stock symbol
PCAR
Transactions as of
Jan 2, 2024
Transactions value $
$200,010
Form type
4
Date filed
1/3/2024, 12:37 PM
Previous filing
Dec 7, 2023
Next filing
Jan 4, 2024

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 Other $35K +362 +5.9% $96.78 6.49K Jan 2, 2024 Common Stock 362 Direct F1, F2
transaction PCAR Stock Units (RSDCP) Award $165K +1.71K +22.68% $96.78 9.22K Jan 2, 2024 Common Stock 1.71K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock on a 1-for-1 basis upon termination of the Reporting Person's status as a non-employee director.
F2 Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (RSDCP).
F3 Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock on a 1-for-1 basis upon satisfaction of all applicable vesting conditions.