Darrin C. Siver - 05 Feb 2024 Form 4 Insider Report for PACCAR INC (PCAR)

Signature
Michael R. Beers, by Power of Attorney
Issuer symbol
PCAR
Transactions as of
05 Feb 2024
Net transactions value
+$862,653
Form type
4
Filing time
07 Feb 2024, 12:29:06 UTC
Previous filing
08 Jan 2024
Next filing
04 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PCAR Common Stock 54,960 05 Feb 2024 Direct
holding PCAR Common Stock 23,083 05 Feb 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 +28,610 28,610 05 Feb 2024 Common Stock 28,610 $104.16 Direct F1
transaction PCAR Stock Units (LTIP) Award $862,653 +8,282 +139% $104.16 14,235 05 Feb 2024 Common Stock 8,282 Direct F2, F3
holding PCAR Stock Option 24,411 05 Feb 2024 Common Stock 24,411 $43.71 Direct
holding PCAR Stock Option 19,167 05 Feb 2024 Common Stock 19,167 $45.79 Direct
holding PCAR Stock Option 19,917 05 Feb 2024 Common Stock 19,917 $50.79 Direct
holding PCAR Stock Option 20,682 05 Feb 2024 Common Stock 20,682 $61.26 Direct
holding PCAR Stock Option 19,494 05 Feb 2024 Common Stock 19,494 $62.87 Direct
holding PCAR Stock Option 38,900 05 Feb 2024 Common Stock 38,900 $71.95 Direct
holding PCAR Stock Units (DCP) 3,942 05 Feb 2024 Common Stock 3,942 Direct F4
* 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.
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.