Michael K. Walton - 01 Jan 2024 Form 4 Insider Report for PACCAR INC (PCAR)

Role
VICE PRESIDENT/GENERAL COUNSEL
Signature
Michael R. Beers, by Power of Attorney
Issuer symbol
PCAR
Transactions as of
01 Jan 2024
Net transactions value
-$18,582
Form type
4
Filing time
03 Jan 2024, 18:54:15 UTC
Previous filing
07 Dec 2023
Next filing
08 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCAR Common Stock Options Exercise $0 +647 +105% $0.000000 1,266 01 Jan 2024 Direct F1
transaction PCAR Common Stock Tax liability $18,582 -192 -15% $96.78 1,074 02 Jan 2024 Direct F2
holding PCAR Common Stock 5,742 01 Jan 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 -647 -33% 1,292 01 Jan 2024 Common Stock 647 Direct F1, F3
holding PCAR Stock Option 1,602 01 Jan 2024 Common Stock 1,602 $43.71 Direct
holding PCAR Stock Option 1,248 01 Jan 2024 Common Stock 1,248 $50.79 Direct
holding PCAR Stock Option 6,273 01 Jan 2024 Common Stock 6,273 $61.26 Direct
holding PCAR Stock Option 7,302 01 Jan 2024 Common Stock 7,302 $62.87 Direct
holding PCAR Stock Option 7,918 01 Jan 2024 Common Stock 7,918 $71.95 Direct
holding PCAR Stock Units (DCP) 12,593 01 Jan 2024 Common Stock 12,593 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.