PACCAR Inc (NASDAQ:PCAR) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal YearItem 5.03. Amendments to Articles of Incorporation or Bylaws.
On December5, 2017, the Board of Directors of PACCAR Inc approved the Fifth Amended and Restated Bylaws of the Company, effective December5, 2017. The principal amendments are the following:
| 1.) | Article III was amended to provide that stockholders owning at least 25% of the outstanding shares of the Company may call a special stockholder meeting, provided they meet the identified criteria. |
| 2.) | Article III was also amended indicating that the Company would include in its proxy, director candidates nominated by stockholders owning at least 3% of the outstanding shares of the Company continuously for at least three years, with the maximum number of such candidates equal to 20% of the total directors or two directors, whichever is greater. |
The foregoing summary is qualified by reference to the full text of the Fifth Amended and Restated Bylaws attached hereto as Exhibit3(ii).
Item 5.03 Financial Statements and Exhibits
The following are furnished as Exhibits to this Report.
PACCAR INC ExhibitEX-3.(II) 2 d474651dex3ii.htm EX-3.(II) EX-3.(ii) Exhibit 3(ii) Effective Date: December 5__April 26,…To view the full exhibit click here
About PACCAR Inc (NASDAQ:PCAR)
PACCAR Inc (PACCAR) is a global technology company engaged in the design, manufacture and customer support of trucks. The Company operates in three segments: the Truck segment, which includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks; the Parts segment, which includes the distribution of aftermarket parts for trucks and related commercial vehicles, and the Financial Services segment, which includes the finance and leasing products, and services provided to customers and dealers. PACCAR’s other businesses include a division of the Company, which manufactures industrial winches in over two the United States plants and markets them under the Braden, Carco and Gearmatic nameplates. PACCAR’s trucks are marketed under the Kenworth, Peterbilt and DAF nameplates. PACCAR’s finance and leasing activities are principally related to PACCAR products and associated equipment. PACCAR Financial Services (PFS) operates in over 20 countries.