LCI INDUSTRIES — Director's Dealing 2023

Mar 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LCI INDUSTRIES (LCII)
CIK: 0000763744
Period of Report: 2023-03-01

Reporting Person: LIPPERT JASON (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-01	Common Stock	M	7015	$114.31	Acquired	306007	Direct
2023-03-01	Common Stock	F	3104	—	Disposed	302903	Direct
2023-03-01	Common Stock	M	5197	$114.31	Acquired	308100	Direct
2023-03-01	Common Stock	F	2300	—	Disposed	305800	Direct
2023-03-01	Common Stock	M	6173	$114.31	Acquired	311973	Direct
2023-03-01	Common Stock	F	2731	—	Disposed	309242	Direct
2023-03-01	Common Stock	A	63130	$114.31	Acquired	372372	Direct
2023-03-01	Common Stock	F	27935	—	Disposed	344437	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-01	Performance Stock Unit	$	A	31565	Acquired	2023-03-01	Common Stock (31565)	Direct
2023-03-01	Performance Stock Unit	$	M	63130	Disposed	2023-03-01	Common Stock (63130)	Direct
2023-03-01	Restricted Stock Unit	$	M	7015	Disposed		Common Stock (7015)	Direct
2023-03-01	Restricted Stock Unit	$	M	5197	Disposed		Common Stock (5197)	Direct
2023-03-01	Restricted Stock Unit	$	M	6173	Disposed		Common Stock (6173)	Direct
2023-03-01	Restricted Stock Unit	$	A	20072	Acquired		Common Stock (20072)	Direct
2023-03-01	Performance Stock Unit	$	A	42652	Acquired	2026-03-01	Common Stock (42652)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Stock Unit	$	2024-03-01	Common Stock (23386)	23386	Direct
Performance Stock Unit	$	2025-03-01	Common Stock (37039)	37039	Direct

Footnotes

F1: Each Stock Unit represents a contingent right to receive one share of LCII Common Stock.

F2: Represents Performance Stock Units that were earned due to the Company achieving certain Return on Invested Capital performance goals at the end of 2022.

F3: Includes 1,896 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 16, 2022, September 16, 2022, and June 17, 2022 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).

F4: Includes 211 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 16, 2022, September 16, 2022, and June 17, 2022 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).

F5: No exercisable date for this type of award.

F6: No expiration date for this type of award.

F7: Includes 156 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 16, 2022, September 16, 2022, and June 17, 2022 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).

F8: Includes 186 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 16, 2022, September 16, 2022, and June 17, 2022 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).

F9: Includes 370 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 16, 2022, September 16, 2022, and June 17, 2022 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).

F10: These Stock Units vest on March 1 at the rate of one third per year for 3 years.

F11: These Performance Stock Units ("PSUs") represent a contingent right to receive shares of LCII Common Stock, if and to the extent certain Return on Invested Capital performance goals are achieved by the end of 2025. Earned PSUs, if any, will vest on March 1, 2026.

F12: Includes 702 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 16, 2022, September 16, 2022, and June 17, 2022 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).

F13: Includes 1,112 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 16, 2022, September 16, 2022, and June 17, 2022 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).