Sec Form 4 Filing - NEMETH ANDY L @ PATRICK INDUSTRIES INC - 2012-08-17

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
NEMETH ANDY L
2. Issuer Name and Ticker or Trading Symbol
PATRICK INDUSTRIES INC [ PATK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP - Finance & CFO
(Last) (First) (Middle)
107 W. FRANKLIN ST
3. Date of Earliest Transaction (MM/DD/YY)
08/17/2012
(Street)
ELKHART, IN46515
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/17/2012 M 2,722 A $ 0.75 109,148 D
Common Stock 08/17/2012 S 2,722 D $ 12.87 106,426 D
Common Stock 08/17/2012 M 2,723 A $ 1.75 109,149 D
Common Stock 08/17/2012 S 2,723 D $ 12.89 ( 3 ) 106,426 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Options $ 0.75 08/17/2012 M 2,722 ( 1 ) 05/21/2019( 1 ) Common Stock 2,722 $ 0 22,278 D
Common Stock Options $ 1.75 08/17/2012 M 2,723 ( 2 ) 05/21/2019( 2 ) Common Stock 2,723 $ 0 22,277 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
NEMETH ANDY L
107 W. FRANKLIN ST
ELKHART, IN46515
X EVP - Finance & CFO
Signatures
Andy L. Nemeth 08/21/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Common stock options granted on May 21, 2009 of which 10% of the option awards were immediately vested on the grant date. The remaining options vest in increments of 25%, 35% and 30% upon the first, second and third anniversaries, respectively, of the grant date, with full vesting at the end of three years, and expire after ten years. The 43,750 total stock options originally granted at an exercise price of $0.75 per share are 100% vested, of which a total of 21,472 options have been exercised.
( 2 )Common stock options granted on May 21, 2009 of which 10% of the option awards were immediately vested on the grant date. The remaining options vest in increments of 25%, 35% and 30% upon the first, second and third anniversaries, respectively, of the grant date, with full vesting at the end of three years, and expire after ten years. The 43,750 total stock options originally granted at an exercise price of $1.75 per share are 100% vested, of which a total of 21,473 options have been exercised.
( 3 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.83 to $12.90, inclusive. The reporting person undertakes to provide to Patrick Industries, Inc., any security holder of Patrick Industries, Inc., or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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