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LCI INDUSTRIES — Director's Dealing 2015
Mar 2, 2015
31583_dirs_2015-03-02_a93b9485-c2a0-468c-8d56-66d276628469.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DREW INDUSTRIES INC (DW)
CIK: 0000763744
Period of Report: 2015-02-26
Reporting Person: LIPPERT JASON (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-26 | Common Stock | M | 5822 | — | Acquired | 102875 | Direct |
| 2015-02-26 | Common Stock | F | 2736 | $60.24 | Disposed | 100139 | Direct |
| 2015-02-26 | Common Stock | A | 17674 | — | Acquired | 117813 | Direct |
| 2015-02-26 | Common Stock | F | 8306 | $60.24 | Disposed | 109507 | Direct |
| 2015-02-26 | Common Stock | A | 36368 | — | Acquired | 145875 | Direct |
| 2015-02-26 | Common Stock | F | 17092 | $60.24 | Disposed | 128783 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-26 | Deferred Stock Units | $0.0 | M | 5822 | Disposed | 2015-02-26 | Common Stock (5822.0) | Direct |
| 2015-02-26 | Deferred Stock Units | $0.0 | A | 8931.74 | Acquired | 2018-02-26 | Common Stock (8932.0) | Direct |
| 2015-02-26 | Deferred Stock Units | $0.0 | A | 16940.45 | Acquired | 2018-03-01 | Common Stock (16940.45) | Direct |
| 2015-02-26 | Performance Stock Awards | $0.0 | A | 34394 | Acquired | 2018-03-01 | Common Stock (34394.0) | Direct |
Footnotes
F1: Performance-based Deferred Stock Units vested based on growth in earnings per share in accordance with their terms.
F2: Shares of Common Stock were issued to Mr. Lippert in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated February 26, 2013. The sale of these shares of Common Stock is restricted for a period of one year from the award date.
F3: Shares of Common Stock were issued to Mr. Lippert in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated February 26, 2013.
F4: Each Deferred Stock Unit represents a contingent right to receive one share of DW Common Stock.
F5: Deferred Stock Units were granted to Mr. Lippert in lieu of cash compensation of $538,494 in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated February 26, 2013.
F6: These Deferred Stock Units vest on March 1 at the rate of one third per year for 3 years.
F7: These Performance Stock Awards represent a contingent right to receive shares of DW Common Stock based on cumulative growth in earnings per share over two years, and vesting on March 1, 2018.