PATRICK INDUSTRIES INC — Director's Dealing 2012

Aug 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PATRICK INDUSTRIES INC (PATK)
CIK: 0000076605
Period of Report: 2012-08-17

Reporting Person: NEMETH ANDY L (Director, EVP - Finance & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-17	Common Stock	M	2722	$0.75	Acquired	109148	Direct
2012-08-17	Common Stock	S	2722	$12.87	Disposed	106426	Direct
2012-08-17	Common Stock	M	2723	$1.75	Acquired	109149	Direct
2012-08-17	Common Stock	S	2723	$12.89	Disposed	106426	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-17	Common Stock Options	$0.75	M	2722	Disposed	2019-05-21	Common Stock (2722)	Direct
2012-08-17	Common Stock Options	$1.75	M	2723	Disposed	2019-05-21	Common Stock (2723)	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 vest 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 43,750 total stock options originally granted at an exercise price of $0.75 per share are 100% vested, of which a total of 21,472 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 vest 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 43,750 total stock options originally granted at an exercise price of $1.75 per share are 100% vested, of which a total of 21,473 options have been exercised.

F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.83 to $12.90, 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.