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PATRICK INDUSTRIES INC — Director's Dealing 2022
Jan 28, 2022
31274_dirs_2022-01-27_b9bd65cb-d6a1-41c1-9ae2-8b703510b1c2.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: 2022-01-25
Reporting Person: Ellis Kip B (EVP Operations & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-25 | Common Stock | F | 1774 | $64.96 | Disposed | 103891 | Direct |
| 2022-01-25 | Common Stock | F | 14193 | $64.96 | Disposed | 89698 | Direct |
| 2022-01-26 | Common Stock | A | 17144 | — | Acquired | 106842 | Direct |
| 2022-01-26 | Common Stock | A | 2857 | — | Acquired | 109699 | Direct |
Footnotes
F1: Represents shares of common stock returned to the Company to satisfy the tax withholding obligation associated with a time-based stock grant awarded in January 2019 that became fully vested in January 2022.
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 January 2019 that vested after three years upon the achievement of target Company objectives.
F3: Shares are performance-based and vest after three years upon achievement of target Company objectives.
F4: Annual Management time-based grant awarded January 2022 and vesting in January 2025.