PATRICK INDUSTRIES INC — Director's Dealing 2015

Sep 17, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PATRICK INDUSTRIES INC (PATK)
CIK: 0000076605
Period of Report: 2015-09-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-09-14	Common Stock	M	25001	$18.45	Acquired	457193	Direct
2015-09-14	Common Stock	M	25001	$22.13	Acquired	482194	Direct
2015-09-14	Common Stock	M	25001	$26.56	Acquired	507195	Direct
2015-09-14	Common Stock	M	25001	$31.87	Acquired	532196	Direct
2015-09-14	Common Stock	D	52366	$47.27	Disposed	479830	Direct
2015-09-14	Common Stock	F	21601	$47.27	Disposed	458229	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-09-14	Stock Appreciation Rights	$18.45	M	25001	Disposed	2022-12-18	Common Stock (25001)	Direct
2015-09-14	Stock Appreciation Rights	$22.13	M	25001	Disposed	2022-12-18	Common Stock (25001)	Direct
2015-09-14	Stock Appreciation Rights	$26.56	M	25001	Disposed	2022-12-18	Common Stock (25001)	Direct
2015-09-14	Stock Appreciation Rights	$31.87	M	25001	Disposed	2022-12-18	Common Stock (25001)	Direct

Footnotes

F1: Reflects exercise of the stock appreciation rights reported on Table II of this Form 4.

F2: Reflects a stock appreciation right that was granted on December 18, 2013. Amounts set forth in this Form 4 have been adjusted to reflect Patrick Industries, Inc.'s stock dividend of one share of common stock for every two shares held of outstanding common stock paid on May 29, 2015.

F3: The shares exercised on September 14, 2015 became exercisable on December 18, 2014. 24,999 additional shares become exercisable on December 18, 2015 and 25,000 additional shares will become exercisable on December 18, 2016.