Harrie Schippers - Feb 5, 2024 Form 4 Insider Report for PACCAR INC (PCAR)

Signature
Michael R. Beers, by Power of Attorney
Stock symbol
PCAR
Transactions as of
Feb 5, 2024
Transactions value $
-$322,079
Form type
4
Date filed
2/7/2024, 11:36 AM
Previous filing
Jan 29, 2024
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCAR Common Stock Options Exercise $1.63M +32K +30.9% $50.79 136K Feb 5, 2024 Direct
transaction PCAR Common Stock Sale -$3.33M -32K -23.61% $104.04 104K Feb 5, 2024 Direct F1
holding PCAR Common Stock 2.71K Feb 5, 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 Option Options Exercise -32K -49.39% 32.8K Feb 5, 2024 Common Stock 32K $50.79 Direct F2
transaction PCAR Stock Option Award +44.2K 44.2K Feb 5, 2024 Common Stock 44.2K $104.16 Direct F2
transaction PCAR Stock Units (LTIP) Award $1.38M +13.3K +94.96% $104.16 27.2K Feb 5, 2024 Common Stock 13.3K Direct F3, F4
holding PCAR Stock Option 17.4K Feb 5, 2024 Common Stock 17.4K $33.33 Direct
holding PCAR Stock Option 65.5K Feb 5, 2024 Common Stock 65.5K $61.26 Direct
holding PCAR Stock Option 65K Feb 5, 2024 Common Stock 65K $62.87 Direct
holding PCAR Stock Option 60.7K Feb 5, 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 The price shown is a weighted average sale price of shares sold in multiple transactions; the sale prices ranged from 103.9300 to 104.1650 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F2 Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).
F3 Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
F4 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.