SEC Form 4 · accession 0000076605-19-000008
PATRICK INDUSTRIES INC · PATK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd M Cleveland
Officer — CEO · Director
Period of report
Jan 25, 2019
Accepted (ET)
Jan 29, 2019 · 9:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000076605
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 25, 2019 | F | 14,724 | $35.21 | D | 596,495 | D | |
| Common StockF2 | Jan 25, 2019 | A | 100,001 | $0.00 | A | 696,496 | D | |
| Common StockF3 | Jan 25, 2019 | A | 16,667 | $0.00 | A | 713,163 | D | |
| Common Stock | holding | — | — | — | 22,500 | I | Held by family members living in household |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock returned to the Company to satisfy the tax withholding obligation associated with a performance-based stock grant awarded in February 2016 that vested upon the achievement of target Company objectives.
- F2Shares are performance-based and vest after three years upon achievement of target Company objectives.
- F3Annual management grant awarded January 25, 2019 and vesting on January 25, 2022.