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Filing Details

Accession Number:: 0001140361-12-038876
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-08-30 06:36:08
Reporting Period:: 2012-08-28

Filing Date:: 2012-08-30
Accepted Time:: 2012-08-30 06:36:08
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
76605	Patrick Industries Inc	PATK	Millwood, Veneer, Plywood, & Structural Wood Members (2430)	351057796

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1209929	L Andy Nemeth	107 W. Franklin St Elkhart IN 46515	Evp - Finance & Cfo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2012-08-28	9,778	$0.75	116,204	No	4	M	Direct
Common Stock	Disposition	2012-08-28	9,778	$12.99	106,426	No	4	S	Direct
Common Stock	Acquisiton	2012-08-28	9,777	$1.75	116,203	No	4	M	Direct
Common Stock	Disposition	2012-08-28	9,777	$12.95	106,426	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Options	Disposition	2012-08-28	9,778	$0.00	9,778	$0.75
Common Stock	Common Stock Options	Disposition	2012-08-28	9,777	$0.00	9,777	$1.75

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
12,500		2019-05-21	No	4	M	Direct
12,500		2019-05-21	No	4	M	Direct

Footnotes

Common stock options granted on May 21, 2009 of which 10% of the option awards were immediately vested on the grant date. The remaining options vest in increments of 25%, 35% and 30% upon the first, second and third anniversaries, respectively, of the grant date, with full vesting at the end of three years, and expire after ten years. The 43,750 total stock options originally granted at an exercise price of $0.75 per share are 100% vested, of which a total of 31,250 options have been exercised.
Common stock options granted on May 21, 2009 of which 10% of the option awards were immediately vested on the grant date. The remaining options vest in increments of 25%, 35% and 30% upon the first, second and third anniversaries, respectively, of the grant date, with full vesting at the end of three years, and expire after ten years. The 43,750 total stock options originally granted at an exercise price of $1.75 per share are 100% vested, of which a total of 31,250 options have been exercised.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.96 to $13.06, 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.92 to $13.00, 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.