LCI INDUSTRIES — Director's Dealing 2015

Nov 24, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DREW INDUSTRIES Inc (DW)
CIK: 0000763744
Period of Report: 2015-11-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-20	Common Stock	M	3636	—	Acquired	132419	Direct
2015-11-20	Common Stock	F	1708	$58.68	Disposed	130711	Direct
2015-11-23	Common Stock	M	2800	$17.17	Acquired	133511	Direct
2015-11-23	Common Stock	S	2800	$59.80	Disposed	130711	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-20	Deferred Stock Units	$0.0	M	3636.10	Disposed	2015-11-20	Common Stock (3636.0)	Direct
2015-11-20	Employee Stock Options	$17.17	M	2800	Disposed	2017-11-15	Common Stock (2800.0)	Direct

Footnotes

F1: Includes 118 shares received as a result of a special cash dividend of $2.00 per share paid to holders of registrant's common stock on April 10, 2015. In accordance with the registrant's Equity Award and Incentive Plan, holders of deferred stock units received additional deferred stock units equivalent to $2.00 per deferred stock unit held on April 10, 2015.

F2: Each Deferred Stock Unit represents a contingent right to receive one share of DW common stock.

F3: This transaction was executed at one price of $59.80.

F4: Includes 1,830 shares received as a result of a special cash dividend of $2.00 per share paid to holders of registrant's common stock on April 10, 2015. In accordance with the registrant's Equity Award and Incentive Plan, holders of deferred stock units received additional deferred stock units equivalent to $2.00 per deferred stock unit held on April 10, 2015.

F5: Employee Stock Options become exercisable at the rate of 20% per year for 5 years.