Kip B. Ellis - 26 Jan 2024 Form 4 Insider Report for PATRICK INDUSTRIES INC (PATK)

Signature
/s/ Kip B. Ellis by Joel D. Duthie, attorney-in-fact
Issuer symbol
PATK
Transactions as of
26 Jan 2024
Net transactions value
-$810,852
Form type
4
Filing time
30 Jan 2024, 21:46:48 UTC
Previous filing
26 Jan 2024
Next filing
14 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATK Common Stock Other $0 +5,714 +4.6% $0.000000 128,775 26 Jan 2024 Direct F1
transaction PATK Common Stock Tax liability $810,852 -8,556 -6.6% $94.77 120,219 26 Jan 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an adjustment to the number of shares that the reporting owner is entitled to upon vesting in January 2024 of a performance-based grant originally awarded in January 2021.
F2 Represents shares of common stock returned to the Company to satisfy the tax withholding obligation associated with a performance-based stock grant awarded in January 2021 that vested after three years upon the achievement of target Company objectives.