R. Preston Feight - 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
+$4,524,294
Form type
4
Filing time
07 Feb 2024, 12:38:26 UTC
Previous filing
02 Feb 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 145,495 05 Feb 2024 Direct
holding PCAR Common Stock 16,055 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 +104,244 104,244 05 Feb 2024 Common Stock 104,244 $104.16 Direct F1
transaction PCAR Stock Units (LTIP) Award $4,524,294 +43,436 +100% $104.16 86,841 05 Feb 2024 Common Stock 43,436 Direct F2, F3
holding PCAR Stock Option 108,571 05 Feb 2024 Common Stock 108,571 $61.26 Direct
holding PCAR Stock Option 136,440 05 Feb 2024 Common Stock 136,440 $62.87 Direct
holding PCAR Stock Option 141,038 05 Feb 2024 Common Stock 141,038 $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.