Kevin D. Baney - Jan 1, 2024 Form 4 Insider Report for PACCAR INC (PCAR)

Role
Senior Vice President
Signature
Michael R. Beers, by Power of Attorney
Stock symbol
PCAR
Transactions as of
Jan 1, 2024
Transactions value $
-$80,618
Form type
4
Date filed
1/3/2024, 06:53 PM
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 +3.15K +72.99% $0.00 7.45K Jan 1, 2024 Direct F1
transaction PCAR Common Stock Tax liability -$80.6K -833 -11.18% $96.78 6.62K Jan 2, 2024 Direct F2
holding PCAR Common Stock 5.01K 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 -3.15K -48.69% 3.31K Jan 1, 2024 Common Stock 3.15K Direct F1, F3
holding PCAR Stock Option 9.89K Jan 1, 2024 Common Stock 9.89K $43.71 Direct
holding PCAR Stock Option 7.2K Jan 1, 2024 Common Stock 7.2K $45.79 Direct
holding PCAR Stock Option 9.67K Jan 1, 2024 Common Stock 9.67K $50.79 Direct
holding PCAR Stock Option 11.1K Jan 1, 2024 Common Stock 11.1K $61.26 Direct
holding PCAR Stock Option 11.5K Jan 1, 2024 Common Stock 11.5K $62.87 Direct
holding PCAR Stock Option 10.8K Jan 1, 2024 Common Stock 10.8K $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.