PATRICK INDUSTRIES INC — Director's Dealing 2017

Feb 25, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PATRICK INDUSTRIES INC (PATK)
CIK: 0000076605
Period of Report: 2017-02-22

Reporting Person: Rodino Jeff (EVP-Sales, Chief Sales Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-22	Common Stock	A	11001	—	Acquired	82648	Direct
2017-02-22	Common Stock	F	2519	$81	Disposed	80129	Direct
2017-02-22	Common Stock	F	603	$78.35	Disposed	79526	Direct
2017-02-23	Common Stock	S	700	$80.0071	Disposed	78826	Direct

Footnotes

F1: Represents restricted stock units granted in February 2014 that did not possess voting rights at the time of grant until earned based on the achievement of a cumulative financial performance target over a three-year period and vest at the conclusion of the measurement period. In February 2017, the cumulative financial performance target was achieved at the maximum performance level.

F2: Represents shares of common stock returned to the Company to satisfy the tax withholding obligation associated with a performance-based stock grant awarded in February 2014 that vested after three years upon the achievement of target Company objectives.

F3: Represents shares of common stock returned to the Company to satisfy the tax withholding obligation associated with the vesting on the third anniversary of the grant date of an annual management stock grant originally awarded in February 2014.

F4: The price quoted in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.017, 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.