SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 3, 2012
PACCAR Inc
(Exact name of registrant as specified in its charter)
| Delaware | 001-14817 | 91-0351110 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | ||
| 777 106th Avenue NE, Bellevue, WA | 98004 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrant’s telephone number, including area code (425) 468-7400
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02(d) Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.
On January 3, 2012, the PACCAR Inc Board of Directors named Mark A. Schulz to the PACCAR Inc Board of Directors effective April 23, 2012.
Mr. Schulz will serve as a Class I director to fill the vacancy created by the retirement of Stephen F. Page. The information required by Item 5.02(d)(3) is not available at this time. There are no reportable transactions under Item 404 (a) of Regulation S-K. He will receive compensation for his services in accordance with the Company’s standard compensatory arrangements for non-employee directors described in the Company’s March 10, 2011 proxy statement. These arrangements include an annual cash retainer of $75,000 and an annual restricted stock award of $100,000 both prorated for 2012; Board meeting fees of $7,500 per meeting; and Committee meeting fees of $5,000 per meeting. A press release announcing the Board action is attached as Exhibit 99.1 to this Report.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
The following are furnished as Exhibits to this Report.
| Exhibit |
Description | |
| 99.1 | Press release of January 3, 2012 regarding Mark A. Schulz | |
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PACCAR Inc | ||||||
| Date: January 3, 2012 | By: | /s/ D. C. Anderson | ||||
| D. C. Anderson | ||||||
| Vice President and General Counsel | ||||||