SEC Form 4 · accession 0000075362-19-000064
PACCAR INC · PCAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael T Barkley
Officer — SR. VICE PRESIDENT/CONTROLLER
Period of report
Feb 12, 2019
Accepted (ET)
Feb 13, 2019 · 5:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000075362
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Feb 12, 2019 | M | 13,662 | $43.24 | A | 35,962 | D | |
| COMMON STOCKF1 | Feb 12, 2019 | S | 13,662 | $66.7385 | D | 22,300 | D | |
| COMMON STOCK (ESPP)F2 | holding | — | — | — | 6 | D | ||
| COMMON STOCK (SIP)F3,F4 | holding | — | — | — | 20,548 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTIONF5 | $43.24 | Feb 12, 2019 | M | 13,662 | D | Jan 1, 2015 | Feb 2, 2022 | COMMON STOCK | 13,662 | 0 | D |
| STOCK OPTIONF5 | $47.81 | holding | — | — | — | Jan 1, 2016 | Feb 6, 2023 | COMMON STOCK | 11,728 | 11,728 | D |
| STOCK OPTIONF5 | $59.15 | holding | — | — | — | Jan 1, 2017 | Feb 7, 2024 | COMMON STOCK | 9,236 | 9,236 | D |
| STOCK OPTIONF5 | $62.46 | holding | — | — | — | Jan 1, 2018 | Feb 4, 2025 | COMMON STOCK | 8,562 | 8,562 | D |
| STOCK OPTIONF5 | $50.00 | holding | — | — | — | Jan 1, 2019 | Feb 4, 2026 | COMMON STOCK | 17,368 | 17,368 | D |
| STOCK OPTIONF5 | $67.63 | holding | — | — | — | Jan 1, 2020 | Feb 7, 2027 | COMMON STOCK | 12,324 | 12,324 | D |
| STOCK OPTIONF5 | $68.69 | holding | — | — | — | Jan 1, 2021 | Feb 7, 2028 | COMMON STOCK | 11,372 | 11,372 | D |
| STOCK OPTIONF5 | $65.56 | holding | — | — | — | Jan 1, 2022 | Feb 6, 2029 | COMMON STOCK | 15,786 | 15,786 | D |
| COMMON STOCK (DCP)F6 | — | holding | — | — | — | — | — | COMMON STOCK | 982 | 982 | D |
| STOCK UNITS (LTIP)F7 | — | holding | — | — | — | — | — | COMMON STOCK | 5,400 | 5,400 | D |
Explanation of responses
- F1The price shown is a weighted average sale price for shares sold in multiple transactions; the sale prices ranged from 66.72 to 66.79 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F2Shares held in PACCAR Inc Employee Stock Purchase Plan (ESPP).
- F3Shares held in PACCAR Savings Investment Plan (SIP).
- F4Balance includes shares awarded under SIP (Company match) since date of last report in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- F5Option to buy awarded under PACCAR LTIP.
- F6Share units held in deferred phantom stock account under PACCAR Deferred Compensation Plan (DCP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
- F7Restricted stock units held in deferred phantom stock account under LTIP convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.