Darrin C. Siver - Jan 1, 2024 Form 4 Insider Report for PACCAR INC (PCAR)

Role
EXECUTIVE VICE PRESIDENT
Signature
Michael R. Beers, by Power of Attorney
Stock symbol
PCAR
Transactions as of
Jan 1, 2024
Transactions value $
-$138,105
Form type
4
Date filed
1/3/2024, 06:52 PM
Previous filing
Dec 7, 2023
Next filing
Jan 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCAR Common Stock Options Exercise $0 +5.63K +11.09% $0.00 56.4K Jan 1, 2024 Direct F1
transaction PCAR Common Stock Tax liability -$138K -1.43K -2.53% $96.78 55K Jan 2, 2024 Direct F2
holding PCAR Common Stock 22.3K 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 -5.63K -48.61% 5.95K Jan 1, 2024 Common Stock 5.63K Direct F1, F3
holding PCAR Stock Option 24.4K Jan 1, 2024 Common Stock 24.4K $43.71 Direct
holding PCAR Stock Option 19.2K Jan 1, 2024 Common Stock 19.2K $45.79 Direct
holding PCAR Stock Option 19.9K Jan 1, 2024 Common Stock 19.9K $50.79 Direct
holding PCAR Stock Option 20.7K Jan 1, 2024 Common Stock 20.7K $61.26 Direct
holding PCAR Stock Option 19.5K Jan 1, 2024 Common Stock 19.5K $62.87 Direct
holding PCAR Stock Option 38.9K Jan 1, 2024 Common Stock 38.9K $71.95 Direct
holding PCAR Stock Units (DCP) 3.81K Jan 1, 2024 Common Stock 3.81K Direct F4
* 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.
F4 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.