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PATRICK INDUSTRIES INC — Director's Dealing 2016
May 25, 2016
31274_dirs_2016-05-24_efb040a0-8586-489e-b8d6-1a8145df87d2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PATRICK INDUSTRIES INC (PATK)
CIK: 0000076605
Period of Report: 2016-05-20
Reporting Person: Cleveland Todd M (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-20 | Common Stock | M | 4100 | $18.45 | Acquired | 440831 | Direct |
| 2016-05-20 | Common Stock | S | 4100 | $51.2707 | Disposed | 436731 | Direct |
| 2016-05-24 | Common Stock | M | 50900 | $18.45 | Acquired | 487631 | Direct |
| 2016-05-24 | Common Stock | S | 50900 | $52.0271 | Disposed | 436731 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-20 | Common Stock Options | $18.45 | M | 4100 | Disposed | 2022-12-18 | Common Stock (4100) | Direct |
| 2016-05-24 | Common Stock Options | $18.45 | M | 50900 | Disposed | 2022-12-18 | Common Stock (50900) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 15000 | Indirect |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 17, 2016.
F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.25 to $51.39, 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.
F3: Common stock options granted on December 18, 2013, of which 100,000 option awards vested on December 18, 2014 and 100,000 option awards vested on December 18, 2015. The remaining options will vest on December 18, 2016.
F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.25 to $52.55, 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.