PATRICK INDUSTRIES INC — Director's Dealing 2012

Dec 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PATRICK INDUSTRIES INC (PATK)
CIK: 0000076605
Period of Report: 2012-12-04

Reporting Person: Cleveland Todd M (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-04	Common Stock	M	50000	$0.75	Acquired	415471	Direct
2012-12-05	Common Stock	M	15000	$0.75	Acquired	430471	Direct
2012-12-05	Common Stock	M	10000	$1.75	Acquired	440471	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-04	Common Stock Options	$0.75	M	50000	Disposed	2019-05-21	Common Stock (50000)	Direct
2012-12-05	Common Stock Options	$0.75	M	15000	Disposed	2019-05-21	Common Stock (15000)	Direct
2012-12-05	Common Stock Options	$1.75	M	10000	Disposed	2019-05-21	Common Stock (10000)	Direct

Footnotes

F1: 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 vested 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 75,000 total stock options originally granted at an exercise price of $0.75 per share are 100% vested, of which a total of 60,000 options have been exercised.

F2: 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 vested 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 75,000 total stock options originally granted at an exercise price of $0.75 per share are 100% vested, of which all the options have been exercised.

F3: 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 vested 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 75,000 total stock options originally granted at an exercise price of $1.75 per share are 100% vested, of which a total of 10,000 options have been exercised.