Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
ARMSTRONG RONALD E
  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)
Chief Executive Officer
(Last)
(First)
(Middle)
777 106TH AVENUE NE
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2019
(Street)

BELLEVUE, WA 98004
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 02/07/2019   M   21,758 A $ 36.12 222,499 D  
COMMON STOCK 02/07/2019   S   15,784 D $ 66 206,715 D  
COMMON STOCK (SIP) (1)               22,596.9 (2) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: 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 (3) $ 36.12 02/07/2019   M     21,758 01/01/2013 02/02/2020 COMMON STOCK 21,758 $ 0 (3) 0 D  
STOCK OPTION (3) $ 50.5             01/01/2014 02/03/2021 COMMON STOCK 31,380   31,380 D  
STOCK OPTION (3) $ 43.24             01/01/2015 02/02/2022 COMMON STOCK 49,102   49,102 D  
STOCK OPTION (3) $ 47.81             01/01/2016 02/06/2023 COMMON STOCK 43,672   43,672 D  
STOCK OPTION (3) $ 59.15             01/01/2017 02/07/2024 COMMON STOCK 34,394   34,394 D  
STOCK OPTION (3) $ 62.46             01/01/2018 02/04/2025 COMMON STOCK 58,372   58,372 D  
STOCK OPTION (3) $ 50             01/01/2019 02/04/2026 COMMON STOCK 92,382   92,382 D  
STOCK OPTION (3) $ 67.63             01/01/2020 02/07/2027 COMMON STOCK 73,140   73,140 D  
STOCK OPTION (3) $ 68.69             01/01/2021 02/07/2028 COMMON STOCK 64,460   64,460 D  
STOCK OPTION (3) $ 65.56 02/06/2019   A(3)   121,704   01/01/2022 02/06/2029 COMMON STOCK 121,704 (3) 121,704 D  
STOCK UNITS (LTIP) (4) (4) 02/06/2019   A(5)   44,708     (4)   (4) COMMON STOCK 44,708 $ 65.56 44,708 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ARMSTRONG RONALD E
777 106TH AVENUE NE
BELLEVUE, WA 98004
  X     Chief Executive Officer  

Signatures

 Ronald E. Armstrong   02/07/2019
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Shares held in PACCAR Savings Investment Plan (SIP).
(2) Balance includes shares awarded under SIP (Company match) since date of last report in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
(3) Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).
(4) Restricted stock 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.
(5) Restricted stock units awarded under LTIP.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.