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PATRICK INDUSTRIES INC — Director's Dealing 2025
May 24, 2025
31274_dirs_2025-05-23_21a2f019-37bb-4748-b224-7731d7fd6c89.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: PATRICK INDUSTRIES INC (PATK)
CIK: 0000076605
Period of Report: 2025-05-19
Reporting Person: Petkovich Jacob R (President - Marine)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 37678 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $92.72 | 2034-02-25 | Common Stock (42180) | Direct | |
| Stock Appreciation Rights | $92.72 | 2034-02-25 | Common Stock (10545) | Direct | |
| Stock Appreciation Rights | $110.76 | 2034-02-25 | Common Stock (10545) | Direct | |
| Stock Appreciation Rights | $132.31 | 2034-02-25 | Common Stock (10545) | Direct | |
| Stock Appreciation Rights | $158.05 | 2034-02-25 | Common Stock (10545) | Direct |
Footnotes
F1: Represents the aggregate of shares beneficially owned and comprised of: (1) 2,051 time-based shares granted in May 2025 to the reporting person by the Issuer and vesting in January 2028; (2) 8,206 performance-based shares granted in May 2025 which will vest in January 2028 subject to the achievement of target Company objectives; and (3) 27,421 shares owned by the reporting person prior to his appointment by the Company's Board of Directors as President-Marine on May 19, 2025. The vesting of both the time-based and performance-based share awards is subject to the terms of each of the awards, including the Reporting Person's continued employment with the Issuer.
F2: The stock options will vest pro-rata over approximately four years beginning on February 25, 2026.
F3: The stock appreciation rights will vest pro-rata over approximately four years beginning on February 25, 2026.