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LCI INDUSTRIES — Director's Dealing 2017
Feb 28, 2017
31583_dirs_2017-02-28_89b6c95f-b9f0-4df3-a3fe-5cf8d59edd03.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LCI INDUSTRIES (LCII)
CIK: 0000763744
Period of Report: 2017-02-24
Reporting Person: Schnur Jamie (Chief Administrative Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-24 | Common Stock | M | 504 | — | Acquired | 2503 | Direct |
| 2017-02-24 | Common Stock | F | 204 | $108.47 | Disposed | 2299 | Direct |
| 2017-02-24 | Common Stock | M | 4268 | — | Acquired | 6567 | Direct |
| 2017-02-24 | Common Stock | F | 1728 | $108.47 | Disposed | 4839 | Direct |
| 2017-02-24 | Common Stock | M | 1523 | — | Acquired | 6362 | Direct |
| 2017-02-24 | Common Stock | F | 617 | $108.47 | Disposed | 5745 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-24 | Deferred Stock Units | $0.0 | M | 503.96 | Disposed | 2017-02-24 | Common Stock (504.0) | Direct |
| 2017-02-24 | Deferred Stock Units | $0.0 | M | 4267.04 | Disposed | 2017-02-25 | Common Stock (4268.0) | Direct |
| 2017-02-24 | Deferred Stock Units | $0.0 | A | 856.30 | Acquired | 2020-03-01 | Common Stock (857.0) | Direct |
| 2017-02-24 | Performance Stock Awards | $0.0 | M | 1522.37 | Disposed | 2017-02-24 | Common Stock (1523.0) | Direct |
| 2017-02-24 | Performance Stock Awards | $0.0 | A | 1738.55 | Acquired | 2020-03-01 | Common Stock (1739.0) | Direct |
| 2017-02-24 | Performance Stock Awards | $0.0 | A | 750 | Acquired | 2018-03-01 | Common Stock (750.0) | Direct |
Footnotes
F1: Performance-based Deferred Stock Units vested based on growth in earnings per share and converted to Common Stock in accordance with their terms.
F2: Includes 2.29 deferred stock units received as a result of a regular cash dividend of $0.50 per share paid on December 9, 2016 to holders of registrant's common stock on November 28, 2016. In accordance with the registrant's Equity Award and Incentive Plan, holders of deferred stock units received additional deferred stock units equivalent to $0.50 per deferred stock unit held on November 28, 2016.
F3: Includes 19.40 deferred stock units received as a result of a regular cash dividend of $0.50 per share paid on December 9, 2016 to holders of registrant's common stock on November 28, 2016. In accordance with the registrant's Equity Award and Incentive Plan, holders of deferred stock units received additional deferred stock units equivalent to $0.50 per deferred stock unit held on November 28, 2016.
F4: Shares of Common Stock were issued to Mr. Schnur in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated February 26, 2013.
F5: Includes 23.98 shares received as a result of regular cash dividends paid in 2016 to holders of registrant's common stock on the respective record dates. In accordance with the registrant's Equity Award and Incentive Plan, holders of performance stock award units received additional stock units equivalent to $1.40 per performance stock award unit held on the respective record dates.
F6: Each Deferred Stock Unit represents a contingent right to receive one share of LCII Common Stock.
F7: These Deferred Stock Units vest on March 1 at the rate of one third per year for 3 years.
F8: Includes 73.74 deferred stock units received as a result of a regular cash dividend of $0.50 per share paid on December 9, 2016 to holders of registrant's common stock on November 28, 2016. In accordance with the registrant's Equity Award and Incentive Plan, holders of deferred stock units received additional deferred stock units equivalent to $0.50 per deferred stock unit held on November 28, 2016.
F9: These Performance Stock Awards represent a contingent right to receive shares of LCII Common Stock based on cumulative growth in earnings per share over two years, and vesting on March 1, 2020.
F10: Includes 50.23 shares received as a result of regular cash dividends paid in 2016 to holders of registrant's common stock on the respective record dates. In accordance with the registrant's Equity Award and Incentive Plan, holders of performance stock award units received additional stock units equivalent to $1.40 per performance stock award unit held on the respective record dates.
F11: These Performance Stock Awards represent a contingent right to receive shares of LCII Common Stock based on cumulative growth in earnings per share which have been achieved and vest on March 1, 2018.