TODD R. HUBBARD - 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
+$388,308
Form type
4
Filing time
07 Feb 2024, 11:57:47 UTC
Previous filing
01 Feb 2024
Next filing
12 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PCAR Common Stock 5,726 05 Feb 2024 Direct
holding PCAR Common Stock 6,188 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 +9,320 9,320 05 Feb 2024 Common Stock 9,320 $104.16 Direct F1
transaction PCAR Stock Units (LTIP) Award $388,308 +3,728 +105% $104.16 7,262 05 Feb 2024 Common Stock 3,728 Direct F2, F3
holding PCAR Stock Option 9,904 05 Feb 2024 Common Stock 9,904 $43.71 Direct
holding PCAR Stock Option 4,000 05 Feb 2024 Common Stock 4,000 $45.79 Direct
holding PCAR Stock Option 11,055 05 Feb 2024 Common Stock 11,055 $50.79 Direct
holding PCAR Stock Option 12,279 05 Feb 2024 Common Stock 12,279 $61.26 Direct
holding PCAR Stock Option 11,574 05 Feb 2024 Common Stock 11,574 $62.87 Direct
holding PCAR Stock Option 12,512 05 Feb 2024 Common Stock 12,512 $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.