BETH FORD - 03 Jan 2022 Form 4 Insider Report for PACCAR INC (PCAR)

Role
Director
Signature
Michael R. Beers, by Power of Attorney
Issuer symbol
PCAR
Transactions as of
03 Jan 2022
Net transactions value
+$203,765
Form type
4
Filing time
05 Jan 2022, 15:56:38 UTC
Previous filing
04 Jan 2022
Next filing
06 Jan 2022

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 Units Other $38,750 +438 +3% $88.48 14,954 03 Jan 2022 Common Stock 438 Direct F1, F2
transaction PCAR Stock Units (RSDCP) Award $165,015 +1,865 +11% $88.48 18,350 03 Jan 2022 Common Stock 1,865 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock on a 1-for-1 basis upon termination of the Reporting Person's status as a non-employee director.
F2 Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (RSDCP).
F3 Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock on a 1-for-1 basis upon satisfaction of all applicable vesting conditions.