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PACCAR INC Director's Dealing 2004

Feb 7, 2004

30005_dirs_2004-02-06_2c0049bd-0991-42f2-909f-e04f036d5cfb.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PACCAR INC (PCAR)
CIK: 0000075362
Period of Report: 2004-02-05

Reporting Person: PANZA NICHOLAS P (SENIOR VICE PRESIDENT)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-02-05 COMMON STOCK M 12910 $34.42 Acquired 14365 Direct
2004-02-05 COMMON STOCK S 7984 $82.40 Disposed 6381 Direct
2004-02-05 COMMON STOCK S 1242 $82.42 Disposed 5139 Direct
2004-02-05 COMMON STOCK S 100 $82.43 Disposed 5039 Direct
2004-02-05 COMMON STOCK S 900 $82.45 Disposed 4139 Direct
2004-02-05 COMMON STOCK S 1384 $82.46 Disposed 2755 Direct
2004-02-05 COMMON STOCK S 1300 $82.47 Disposed 2182 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2004-02-05 STOCK OPTION $34.42 M 12910 Disposed 2011-01-24 COMMON STOCK (12910) Direct

Holdings (Non-Derivative)

Security Shares Ownership
COMMON STOCK (SIP) 17818.2 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
STOCK OPTION $28.20 2012-01-23 COMMON STOCK (17178) 17178 Direct
STOCK OPTION $31.40 2013-01-15 COMMON STOCK (14989) 14989 Direct
STOCK OPTION $56.95 2014-01-15 COMMON STOCK (11643) 11643 Direct

Footnotes

F1: On December 9, 2003 PACCAR declared a stock dividend payable February 5, 2004 to all holders of record of common stock on January 19, 2004 of one additional share of common stock for every two shares of common stock. This transaction was completed prior to the 50% stock dividend.

F2: As a result of the stock dividend the reporting person received an additional 727 shares of PACCAR common stock on February 5, 2004.

F3: Shares held in PACCAR Savings Investment Plan (SIP).

F4: As a result of the stock dividend the reporting person received 5,939.4 additional shares of PACCAR common stock on February 5, 2004.

F5: Option to buy awarded under PACCAR Long Term Incentive Plan.

F6: Number of derivative securities, underlying securities and price adjusted to reflect 50% stock dividend.

F7: Number of derivative securities, underlying securities and price adjusted to reflect 50% stock dividend. Reporting person received $12.53 for a fractional share, valued as of January 19, 2004.