Sec Form 4 Filing - Quinn T. Kyle @ PACCAR INC - 2021-02-02

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
Quinn T. Kyle
2. Issuer Name and Ticker or Trading Symbol
PACCAR INC [ PCAR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SR. V.P. & CHIEF TECH. OFFICER
(Last) (First) (Middle)
777 - 106TH AVE. N.E.
3. Date of Earliest Transaction (MM/DD/YY)
02/02/2021
(Street)
BELLEVUE, WA98004
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 02/03/2021 M 12,760 A $ 67.63 40,401 D
Common Stock 02/03/2021 M 11,756 A $ 68.69 52,157 D
Common Stock 02/03/2021 S 24,516 D $ 95.2873 ( 1 ) 27,641 D
Common Stock 7,628.624 ( 2 ) I By PACCAR Savings Investment Plan (SIP)
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
Stock Option $ 91.89 02/02/2021 A( 3 ) 13,788 01/01/2024 02/02/2031 Common Stock 13,788 ( 3 ) 13,788 D
Stock Units (LTIP) ( 4 ) 02/02/2021 A( 5 ) 4,314 ( 4 ) ( 4 ) Common Stock 4,314 $ 91.89 7,794 D
Stock Option $ 67.63 02/03/2021 M 12,760 01/01/2020 02/07/2027 Common Stock 12,760 ( 3 ) 0 D
Stock Option $ 68.69 02/03/2021 M 11,756 01/01/2021 02/07/2028 Common Stock 11,756 ( 3 ) 0 D
Stock Option $ 65.56 01/01/2022 02/06/2029 Common Stock 15,460 15,460 D
Stock Option $ 76.18 01/01/2023 02/04/2030 Common Stock 12,674 12,674 D
Stock Units (DCP) ( 6 ) ( 6 ) ( 6 ) Common Stock 15,541.758 15,541.758 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Quinn T. Kyle
777 - 106TH AVE. N.E.
BELLEVUE, WA98004
SR. V.P. & CHIEF TECH. OFFICER
Signatures
Irene E. Song, by Power of Attorney 02/04/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price shown is a weighted average sale price for shares sold in mutiple transactions; the sale prices ranged from $95.26 to $95.31 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.
( 2 )Balance includes shares awarded under SIP (Company match) in exempt transaction(s) under Rule 16b-3(c) and Rule 16b-3(d).
( 3 )Option to buy awarded under PACCAR LTIP.
( 4 )Restricted 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.
( 5 )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.
( 6 )Share 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.

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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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