SEC Form 4 · accession 0000075362-19-000083
PACCAR INC · PCAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darrin C Siver
Officer — SENIOR VICE PRESIDENT
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 3:21 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 STOCKF1 | Mar 1, 2019 | M | 1,392 | — | A | 17,639 | D | |
| COMMON STOCK | Mar 1, 2019 | F | 548 | $67.80 | D | 17,091 | D | |
| COMMON STOCK (SIP)F3 | holding | — | — | — | 12,108 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK UNITS (LTIP)F5,F1 | — | Mar 1, 2019 | M | 1,392 | D | — | — | COMMON STOCK | 1,392 | 4,176 | D |
| STOCK OPTIONF4 | $50.50 | holding | — | — | — | Jan 1, 2014 | Feb 3, 2021 | COMMON STOCK | 6,102 | 6,102 | D |
| STOCK OPTIONF4 | $59.15 | holding | — | — | — | Jan 1, 2017 | Feb 7, 2024 | COMMON STOCK | 9,236 | 9,236 | D |
| STOCK OPTIONF4 | $62.46 | holding | — | — | — | Jan 1, 2018 | Feb 4, 2025 | COMMON STOCK | 8,128 | 8,128 | D |
| STOCK OPTIONF4 | $50.00 | holding | — | — | — | Jan 1, 2019 | Feb 4, 2026 | COMMON STOCK | 12,474 | 12,474 | D |
| STOCK OPTIONF4 | $67.63 | holding | — | — | — | Jan 1, 2020 | Feb 7, 2027 | COMMON STOCK | 13,774 | 13,774 | D |
| STOCK OPTIONF4 | $68.69 | holding | — | — | — | Jan 1, 2021 | Feb 7, 2028 | COMMON STOCK | 12,778 | 12,778 | D |
| STOCK OPTIONF4 | $65.56 | holding | — | — | — | Jan 1, 2022 | Feb 6, 2029 | COMMON STOCK | 16,274 | 16,274 | D |
Explanation of responses
- F1Restricted stock units converted to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
- F2Shares withheld for payment of tax liability in connection with the vesting of restricted shares.
- F3Shares held in PACCAR Savings Investment Plan (SIP).
- F4Option to buy awarded under PACCAR LTIP.
- F5Restricted stock units awarded under 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.