Cleveland Todd M's Form 4 filing
Patrick Industries Inc (PATK) · filed May 26, 2023
- Accession no.
- 0000076605-23-000111
- Filed
- May 26, 2023
- Trade date
- May 25-26, 2023
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions. Open-market sales total $2.09M. It was filed 1 day after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Cleveland Todd MCIK 0001407402 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 25, 2023 | Common Stock | AGrant or awardAcquired | +1,803 | $0.00F1 | $0 | 99,719 | Direct | |
| May 25, 2023 | Common Stock | SSaleDisposed | −7,500 | $68.99F2 | −$517,425 | 92,219 | Direct | |
| May 25, 2023 | Common Stock | SSaleDisposed | −2,500 | $68.99F2 | −$172,475 | 109,237 | Indirect | |
| May 26, 2023 | Common Stock | SSaleDisposed | −20,000 | $70.15F3 | −$1,403,000 | 89,237 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Annual Director's Stock Grant awarded on May 25, 2023 and vesting on May 25, 2024.
Referenced by the price of 1 transaction in Table I.
- F2
The price quoted in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.735 to $69.40, 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.
Referenced by the price of 2 transactions in Table I.
- F3
The price quoted in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.405 to $71.08, 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.
Referenced by the price of 1 transaction in Table I.