Form 4 for PATK PATRICK INDUSTRIES INC
Accepted 2023-01-24 00:00:00 ET · period of report 2023-01-20 · accession 0000076605-23-000016 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-01-24 | 2023-01-20 | PATK | Cleveland Todd M | Dir | J - Other | $0.00 | +12.0K | 168.3K | +8% | $0 | |
| 2023-01-24 | 2023-01-20 | PATK | Cleveland Todd M | Dir | F - Tax | $65.09 | -20.4K | 147.9K | -12% | -$1.33M | |
| 2023-01-24 | 2023-01-24 | PATK | Cleveland Todd M | Dir | S - Sale | $67.83 | -7,000 | 140.9K | -5% | -$474.8K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-01-20 | J | A | 12,000 | $0.00 | 168,316 | D | — | — | (F1) Reflects an adjustment to the number of shares that the reporting owner is entitled to upon vesting in January 2023 of a performance-based grant originally awarded in January 2020. |
| 2 | Common | Common Stock | 2023-01-20 | F | D | 20,400 | $65.09 | 147,916 | D | — | — | (F2) Represents shares of common stock returned to the Company to satisfy the tax withholding obligation associated with a performance-based stock grant awarded in January 2020 that vested after three years upon the achievement of target Company objectives. |
| 3 | Common | Common Stock | 2023-01-24 | S | D | 7,000 | $67.83 | 140,916 | D | — | — | (F3) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. (F4) The price quoted in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.65 to $68.00, 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. |