SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HOVIND DAVID J
(Last) (First) (Middle)
777 106TH AVENUE NE
(Street)
BELLEVUE WA 98004
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PACCAR INC [ PCAR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
VICE CHAIRMAN
3. Date of Earliest Transaction (Month/Day/Year)
10/29/2003
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COMMON STOCK (SIP)(1) 16,130.8 D
COMMON STOCK 14,944 D
COMMON STOCK 10/29/2003 M 33,661 A $16.5 33,661 I Held in name of reporting person but beneficially owned by former spouse.
COMMON STOCK 10/29/2003 M 24,631 A $24.42 58,292 I Held in name of reporting person but beneficially owned by former spouse.
COMMON STOCK 10/29/2003 S 3,500 D $78 54,792 I Held in name of reporting person but beneficially owned by former spouse.
COMMON STOCK 10/29/2003 S 13,792 D $78.01 41,000 I Held in name of reporting person but beneficially owned by former spouse.
COMMON STOCK 10/29/2003 S 14,000 D $78.06 27,000 I Held in name of reporting person but beneficially owned by former spouse.
COMMON STOCK 10/29/2003 S 15,000 D $78.09 12,000 I Held in name of reporting person but beneficially owned by former spouse.
COMMON STOCK 10/29/2003 S 5,000 D $78.12 7,000 I Held in name of reporting person but beneficially owned by former spouse.
COMMON STOCK 10/29/2003 S 7,000 D $78.29 0 I Held in name of reporting person but beneficially owned by former spouse.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
STOCK OPTION $16.5 10/29/2003 M 33,661 01/01/1999 04/30/2006 COMMON STOCK 33,661 (2) 0 I Held in name of reporting person but beneficially owned by former spouse.
STOCK OPTION $24.42 10/29/2003 M 24,631 01/01/2000 04/29/2007 COMMON STOCK 24,631 (2) 0 I Held in name of reporting person but beneficially owned by former spouse.
STOCK OPTION $33.42 01/01/2004 01/24/2011 COMMON STOCK 57,633 57,633 D
STOCK OPTION $42.31 01/01/2005 01/23/2012 COMMON STOCK 47,934 47,934 D
STOCK OPTION $47.1 01/01/2006 01/15/2013 COMMON STOCK 44,053 44,053 D
COMMON STOCK (LTIP)(3) (3) (3) (3) COMMON STOCK 15,521.2 15,521.2 D
COMMON STOCK (DICP)(4) (4) (4) (4) COMMON STOCK 3,167 3,167 D
Explanation of Responses:
1. Shares held in PACCAR Savings Investment Plan (SIP). SIP information based on most recent report from SIP Trustee.
2. Awarded pursuant to PACCAR Long Term Incentive Plan (LTIP).
3. Share units held in deferred phantom stock account under LTIP convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
4. Share units held in deferred phantom stock account under PACCAR Deferred Incentive Compensation Plan (DICP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
Remarks:
Fractional shares rounded to nearest 1/10th.
David J. Hovind 10/30/2003
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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