LCI INDUSTRIES — Director's Dealing 2014

Mar 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DREW INDUSTRIES INC (DW)
CIK: 0000763744
Period of Report: 2014-03-12

Reporting Person: LIPPERT JASON (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-12	Common Stock	S	192	$52.50	Disposed	54941	Direct
2014-03-13	Common Stock	M	5600	$15.67	Acquired	60541	Direct
2014-03-13	Common Stock	M	2800	$19.17	Acquired	63341	Direct
2014-03-13	Common Stock	M	8680	$19.17	Acquired	72021	Direct
2014-03-13	Common Stock	S	17080	$52	Disposed	54941	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-13	Employee Stock Options	$15.67	M	5600	Disposed	2016-11-29	Common Stock (5600)	Direct
2014-03-13	Employee Stock Options	$19.17	M	2800	Disposed	2017-11-15	Common Stock (2800)	Direct
2014-03-13	Employee Stock Options	$19.17	M	8680	Disposed	2017-11-15	Common Stock (8680)	Direct

Footnotes

F1: Employee Stock Options become exercisable at the rate of 20% per year for 5 years.

F2: These performance-based stock options vest at the rate of one (1) percent (140 shares) for each $0.01 that the Company's Adjusted EPS in any year in the period 2012 - 2016 exceeds $1.26.