John N. Rich - Feb 5, 2024 Form 4 Insider Report for PACCAR INC (PCAR)

Role
V.P. & CHIEF TECH. OFFICER
Signature
Michael R. Beers, by Power of Attorney
Stock symbol
PCAR
Transactions as of
Feb 5, 2024
Transactions value $
$380,184
Form type
4
Date filed
2/7/2024, 12:06 PM
Previous filing
Jan 5, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PCAR Common Stock 1.74K Feb 5, 2024 Direct
holding PCAR Common Stock 780 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 Award +13.2K 13.2K Feb 5, 2024 Common Stock 13.2K $104.16 Direct F1
transaction PCAR Stock Units (LTIP) Award $380K +3.65K +153.49% $104.16 6.03K Feb 5, 2024 Common Stock 3.65K Direct F2, F3
holding PCAR Stock Option 11.6K Feb 5, 2024 Common Stock 11.6K $62.87 Direct
holding PCAR Stock Option 11.9K Feb 5, 2024 Common Stock 11.9K $71.95 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).
F2 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.
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.