PACCAR INC — Director's Dealing 2007

Feb 7, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PACCAR INC (PCAR)
CIK: 0000075362
Period of Report: 2007-02-05

Reporting Person: SKREDSVIG JANICE B (VICE PRESIDENT & CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-05	COMMON STOCK	M	8430	$20.93	Acquired	8430	Direct
2007-02-05	COMMON STOCK	S	2016	$69.81	Disposed	6414	Direct
2007-02-05	COMMON STOCK	S	3400	$69.86	Disposed	3014	Direct
2007-02-05	COMMON STOCK	S	300	$69.87	Disposed	2714	Direct
2007-02-05	COMMON STOCK	S	2614	$69.88	Disposed	100	Direct
2007-02-05	COMMON STOCK	S	100	$69.89	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-05	STOCK OPTION	$20.93	M	8430	Disposed	2013-01-15	COMMON STOCK (8430)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK (SIP)	3608.6	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
STOCK OPTION	$37.97	2014-01-15	COMMON STOCK (4801)	4801	Direct
STOCK OPTION	$48.17	2015-01-20	COMMON STOCK (5292)	5292	Direct
STOCK OPTION	$48.34	2016-01-26	COMMON STOCK (6036)	6036	Direct
STOCK OPTION	$66.84	2017-01-31	COMMON STOCK (6544)	6544	Direct
COMMON STOCK (LTIP)	$		COMMON STOCK (2183.1)	2183.1	Direct
COMMON STOCK (DICP)	$		COMMON STOCK (6286.2)	6286.2	Direct

Footnotes

F1: Shares held in PACCAR Savings Investment Plan (SIP).

F2: Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).

F3: Share 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.

F4: Share units held in deferred phantom stock account under PACCAR Deferred Incentive Compensation Plan (DICP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.