PATRICK INDUSTRIES INC — Director's Dealing 2012

Nov 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PATRICK INDUSTRIES INC (PATK)
CIK: 0000076605
Period of Report: 2012-11-07

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-07	Common Stock	M	2995	$0.75	Acquired	375253	Direct
2012-11-07	Common Stock	S	2995	$19.25	Disposed	372258	Direct
2012-11-08	Common Stock	M	7005	$0.75	Acquired	379263	Direct
2012-11-08	Common Stock	S	7005	$19.25	Disposed	372258	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-07	Common Stock Options	$0.75	M	2995	Disposed	2019-05-21	Common Stock (2995)	Direct
2012-11-08	Common Stock Options	$0.75	M	7005	Disposed	2019-05-21	Common Stock (7995)	Direct

Footnotes

F1: Commmon 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 2,995 options have been exercised.

F2: Commmon 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 10,000 options have been exercised.