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LCI INDUSTRIES — Director's Dealing 2015
Mar 2, 2015
31583_dirs_2015-03-02_4a6c4c87-1bbe-4bf7-b890-d3fbceca1e10.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: Mereness Scott T (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-26 | Common Stock | M | 4575 | — | Acquired | 85190 | Direct |
| 2015-02-26 | Common Stock | F | 2162 | $60.24 | Disposed | 83028 | Direct |
| 2015-02-26 | Common Stock | A | 12476 | — | Acquired | 95504 | Direct |
| 2015-02-26 | Common Stock | F | 5895 | $60.24 | Disposed | 89609 | Direct |
| 2015-02-26 | Common Stock | A | 25348 | — | Acquired | 114957 | Direct |
| 2015-02-26 | Common Stock | F | 11977 | $60.24 | Disposed | 102980 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-26 | Deferred Stock Units | $0.0 | M | 4574.43 | Disposed | 2015-02-26 | Common Stock (4575.0) | Direct |
| 2015-02-26 | Deferred Stock Units | $0.0 | A | 7375.79 | Acquired | 2018-02-26 | Common Stock (7376.0) | Direct |
| 2015-02-26 | Deferred Stock Units | $0.0 | A | 12124.04 | Acquired | 2018-03-01 | Common Stock (12124.04) | Direct |
| 2015-02-26 | Performance Stock Awards | $0.0 | A | 24615 | Acquired | 2018-03-01 | Common Stock (24615.0) | 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. Mereness in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated March 4, 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. Mereness in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated March 4, 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. Mereness in lieu of cash compensation of $444,686 in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated March 4, 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.