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LCI INDUSTRIES — Director's Dealing 2024
Mar 5, 2024
31583_dirs_2024-03-05_b069f941-dc91-416f-b5f9-a5e660f79978.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: 2024-03-01
Reporting Person: LIPPERT JASON (Director, President , CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-01 | Common Stock | M | 5386 | $126.61 | Acquired | 349823 | Direct |
| 2024-03-01 | Common Stock | M | 6397 | $126.61 | Acquired | 356220 | Direct |
| 2024-03-01 | Common Stock | M | 6934 | $126.61 | Acquired | 363154 | Direct |
| 2024-03-01 | Common Stock | M | 48473 | $126.61 | Acquired | 411627 | Direct |
| 2024-03-01 | Common Stock | F | 28482 | — | Disposed | 383145 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-01 | Restricted Stock Unit | $ | M | 5386 | Disposed | 0024-03-01 | Common Stock (5386) | Direct |
| 2024-03-01 | Restricted Stock Unit | $ | M | 6397 | Disposed | 0025-03-01 | Common Stock (6397) | Direct |
| 2024-03-01 | Restricted Stock Unit | $ | M | 6934 | Disposed | 0026-03-01 | Common Stock (6934) | Direct |
| 2024-03-01 | Restricted Stock Unit | $ | A | 21109 | Acquired | 2027-03-01 | Common Stock (21109) | Direct |
| 2024-03-01 | Performance Stock Unit | $ | A | 24237 | Acquired | 2024-03-01 | Common Stock (24237) | Direct |
| 2024-03-01 | Performance Stock Unit | $ | M | 48473 | Disposed | 2024-03-01 | Common Stock (48473) | Direct |
| 2024-03-01 | Performance Stock Unit | $ | A | 31664 | Acquired | 2027-03-01 | Common Stock (31664) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Stock Unit | $ | 2025-03-01 | Common Stock (38385) | 38385 | Direct |
| Performance Stock Unit | $ | 2026-03-01 | Common Stock (44202) | 44202 | Direct |
Footnotes
F1: Each Stock Unit represents a contingent right to receive one share of LCII Common Stock.
F2: Includes 190 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 15, 2023, September 15, 2023, June 16, 2023, and March 24, 2023 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).
F3: These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2021.
F4: Includes 225 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 15, 2023, September 15, 2023, June 16, 2023, and March 24, 2023 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: These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2022.
F6: Includes 224 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 15, 2023, September 15, 2023, June 16, 2023, and March 24, 2023 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).
F7: Includes 243 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 15, 2023, September 15, 2023, June 16, 2023, and March 24, 2023 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: These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2023.
F9: Includes 487 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 15, 2023, September 15, 2023, June 16, 2023, and March 24, 2023 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 restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2024.
F11: Represents Performance Stock Units that were earned due to the Company achieving certain Return on Invested Capital performance goals at the end of 2022.
F12: Includes 1,701 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 15, 2023, September 15, 2023, June 16, 2023, and March 24, 2023 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 1,346 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 15, 2023, September 15, 2023, June 16, 2023, and March 24, 2023 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).
F14: Includes 1,550 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 15, 2023, September 15, 2023, June 16, 2023, and March 24, 2023 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).
F15: 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 2026. Earned PSUs, if any, will vest on March 1, 2027.