Kip B. Ellis - 28 Jan 2025 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
28 Jan 2025
Net transactions value
-$697,993
Form type
4
Filing time
30 Jan 2025, 20:38:45 UTC
Previous filing
29 Jan 2025
Next filing
27 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATK Common Stock Other $0 -8,572 -5.8% $0.000000 140,432 28 Jan 2025 Direct F1
transaction PATK Common Stock Tax liability $697,993 -7,270 -5.2% $96.01 133,162 28 Jan 2025 Direct F2
transaction PATK Common Stock Award $0 +11,666 +8.8% $0.000000 144,828 28 Jan 2025 Direct F3
transaction PATK Common Stock Award $0 +2,916 +2% $0.000000 147,744 28 Jan 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an adjustment to the number of shares that the reporting owner is entitled to upon vesting in January 2025 of a performance-based grant originally awarded in January 2022.
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 2022 that vested after three years upon the achievement of target Company objectives.
F3 Shares are performance-based and vest after three years upon achievement of target Company objectives.
F4 Annual Management time-based grant awarded January 2025 and vesting in January 2028.