LCI INDUSTRIES — Director's Dealing 2010

Dec 30, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DREW INDUSTRIES INC (DW)
CIK: 0000763744
Period of Report: 2010-12-28

Reporting Person: ABRAMS LEIGH J (Director)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$26.83	2011-11-15	Common Stock (25000)	94400	Direct
Stock Options	$31.11	2013-11-14	Common Stock (20000)	94400	Direct
Stock Options	$10.09	2014-11-12	Common Stock (20000)	94400	Direct
Stock Options	$19.49	2015-11-18	Common Stock (11400)	94400	Direct
Stock Options	$19.67	2016-11-29	Common Stock (18000)	94400	Direct

Footnotes

F1: Director Stock Options vest 100% after 1 year.

F2: On December 28, 2010, registrant's Compensation Committee reduced by $1.50 the exercise price of all outstanding stock options granted pursuant to registrant's 2002 Equity Award and Incentive Plan. The adjustment was made as a result of the $1.50 per share special cash dividend payable on December 28, 2010 to holders of registrant's common stock.

F3: Employee Stock Options become exercisable at the rate of 20% per year for 5 years.