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Registration No. _____________
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM S-8
REGISTRATION OF ADDITIONAL SHARES TO
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
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Exact Name of the Registrant: PACCAR INC
State of Incorporation: DELAWARE
I.R.S. Employer Identification No.: 91-0351110
Address of Principal Offices: 777 - 106TH AVENUE N.E.
BELLEVUE, WASHINGTON 98004
Full Title of the Plan: PACCAR INC 1991 LONG TERM
INCENTIVE PLAN
Agent's Name and Address: JANICE D'AMATO
PACCAR INC
777 - 106TH AVENUE N.E.
BELLEVUE, WASHINGTON 98004
(425) 468-7431
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CALCULATION OF REGISTRATION FEE
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Title of Amount to be Proposed Proposed Amount of
securities to registered maximum maximum registration
be registered offering price aggregate fee
per share offering price
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Common Stock, 3,601,636 shares Not applicable $153,069,530(1) $46,384.71
$1 par value (1/33 of 1%)
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In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this
registration statement also covers an indeterminate amount of interests to be
offered or sold pursuant to the employee benefit plan described herein.
The contents of REGISTRATION STATEMENT NO. 33-47763 are incorporated by
reference.
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(1) The aggregate offering price is based on the average of the high and low
prices reported for the Common Stock on October 28, 1997, pursuant to Rule
457(h) under the Securities Act of 1933.
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SIGNATURES
THE REGISTRANT. Pursuant to the requirements of the Securities Act of
1933, the registrant certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this
registration statement for additional shares on Form S-8 to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of Bellevue,
State of Washington, on October 30, 1997.
PACCAR Inc
By /s/ Janice M. D'Amato
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Janice D'Amato
Secretary
Pursuant to the requirements of the Securities Act of 1933, this
registration statement for additional shares has been signed by the following
persons in the capacities held on October 30, 1997.
Mark C. Pigott Chairman and Chief Executive Officer
(principal executive officer)
Michael A. Tembreull Vice Chairman
(principal financial officer)
Richard P. Fox Senior Vice President
(principal accounting officer)
Harold J. Haynes Director
John M. Fluke, Jr. Director
David J. Hovind Director
Michael A. Tembreull Director
Gerald Grinstein Director
Carl H. Hahn Director
Charles M. Pigott Director
John W. Pitts Director
By /s/ Mark C. Pigott
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Mark C. Pigott
Attorney-in-Fact
2
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INDEX TO EXHIBITS
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EXHIBIT NO. EXHIBIT SEQUENTIALLY
NUMBERED PAGE
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4 Instrument Defining Rights of Stockholders.
Reference is made to Exhibit C of the 1997 n/a
Proxy Statement, dated March 20, 1997.
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5 Opinion of Janice D'Amato, Counsel for the 4
Registrant
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23.1 Consent of Ernst & Young, Independent 5
Accountants
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23.2 Consent of Janice D'Amato (included in 4
Exhibit 5)
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24 Power of Attorney 6
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3
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PACCAR Inc
Law Department
OCTOBER 28, 1997
PACCAR Inc
777 - 106th Avenue N.E.
Bellevue, Washington 98004
RE: Form S-8 Registration Statement for Additional Shares
PACCAR Inc 1991 Long Term Incentive Plan
Ladies and Gentlemen:
I have examined the Form S-8 registration statement for additional shares
filed by PACCAR Inc, a Delaware corporation (the "Company") with the Securities
and Exchange Commission (the "Registration Statement"). The registration under
the Securities Act of 1933, as amended, of an additional 3,601,636 shares of
Common Stock, $1 par value (the "Common Stock"), will be issued upon the
exercise of options granted pursuant to the PACCAR Inc 1991 Long Term Incentive
Plan (the "Plan"). A total of 6,000,000 shares of Common Stock shall be
available under the Plan.
As counsel for the Company, I am familiar with the actions taken by its
board of directors and shareholders with respect to the adoption and approval of
the Plan. I have also examined originals, or copies certified or otherwise
identified to my satisfaction, of such corporate records and other documents as
I have deemed necessary or relevant as a basis for the opinions herein
expressed.
Based upon the foregoing, I am of the opinion that the Common Stock will,
when issued upon the exercise of options granted pursuant to the Plan and
payment of the exercise price therefor in accordance with the terms thereof, be
legally issued, fully paid and nonassessable.
I hereby authorize and consent to the use of this opinion as Exhibit 5 to
the Registration Statement and any amendment thereto.
Very truly yours,
/s/ Janice M. D'Amato
Janice D'Amato
Counsel
JMD:
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Exhibit 23.1
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we consent to the incorporation by
reference in this Registration Statement on Form S-8 of our report dated
February 14, 1997 on PACCAR Inc's financial statements, which was included in
PACCAR Inc's Form 10-K filing for year ended December 31, 1996.
Ernst & Young
Seattle, Washington
October 28, 1997
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POWER OF ATTORNEY
We, the undersigned directors and officers of PACCAR Inc, a Delaware corporation
(the "Company"), hereby severally constitute and appoint Mark C. Pigott our true
and lawful attorney-in-fact, with full power to sign for us, and in our names in
the capacities indicated below, a registration statement for additional shares
on Form S-8 in connection with the PACCAR Inc 1991 Long Term Incentive Plan, to
be filed with the Securities and Exchange Commission under the Securities Act of
1933, as amended, together with any and all amendments to said registration
statement, hereby ratifying and confirming our signatures as they may be signed
by said attorney-in-fact to said registration statement of additional shares.
IN WITNESS WHEREOF, each of the undersigned has executed this power of attorney
as of July 2, 1997.
/s/ Mark C. Pigott Chairman and Chief Executive Officer
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Mark C. Pigott
/s/ Michael A. Tembreull Vice Chairman
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Michael A. Tembreull
/s/ Richard P. Fox Senior Vice President
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Richard P. Fox
/s/ John M. Fluke, Jr. Director
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John M. Fluke, Jr.
/s/ Gerald Grinstein Director
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Gerald Grinstein
/s/ Carl H. Hahn Director
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Carl H. Hahn
/s/ Harold J. Haynes Director
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Harold J. Haynes
/s/ David J. Hovind Director
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David J. Hovind
/s/ Charles M. Pigott Director
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Charles M. Pigott
Director
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James C. Pigott
/s/ John W. Pitts Director
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John W. Pitts
/s/ Michael A. Tembreull Director
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Michael A. Tembreull