Harrie Schippers - Jan 1, 2024 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
Jan 1, 2024
Transactions value $
-$409,573
Form type
4
Date filed
1/3/2024, 06:49 PM
Previous filing
Dec 7, 2023
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCAR Common Stock Options Exercise $0 +14.3K +15.24% $0.00 108K Jan 1, 2024 Direct F1
transaction PCAR Common Stock Tax liability -$410K -4.23K -3.93% $96.78 104K Jan 2, 2024 Direct F2
holding PCAR Common Stock 2.62K Jan 1, 2024 By PACCAR Savings Investment Plan (SIP)

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 -14.3K -50.51% 14K Jan 1, 2024 Common Stock 14.3K Direct F1, F3
holding PCAR Stock Option 17.4K Jan 1, 2024 Common Stock 17.4K $33.33 Direct
holding PCAR Stock Option 5K Jan 1, 2024 Common Stock 5K $41.64 Direct
holding PCAR Stock Option 64.8K Jan 1, 2024 Common Stock 64.8K $50.79 Direct
holding PCAR Stock Option 65.5K Jan 1, 2024 Common Stock 65.5K $61.26 Direct
holding PCAR Stock Option 65K Jan 1, 2024 Common Stock 65K $62.87 Direct
holding PCAR Stock Option 60.7K Jan 1, 2024 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 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.