LCI INDUSTRIES — Director's Dealing 2025

Mar 4, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LCI INDUSTRIES (LCII)
CIK: 0000763744
Period of Report: 2025-03-01

Reporting Person: LIPPERT JASON (Director, President , CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-01	Common Stock	M	6647	$103.82	Acquired	379792	Direct
2025-03-01	Common Stock	M	7203	$103.82	Acquired	386995	Direct
2025-03-01	Common Stock	M	7309	$103.82	Acquired	394304	Direct
2025-03-01	Common Stock	F	9331	—	Disposed	384973	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-01	Restricted Stock Unit	$	M	6647	Disposed	2025-03-01	Common Stock (6647)	Direct
2025-03-01	Restricted Stock Unit	$	M	7203	Disposed	2026-03-01	Common Stock (7203)	Direct
2025-03-01	Restricted Stock Unit	$	M	7309	Disposed	2027-03-01	Common Stock (7309)	Direct
2025-03-01	Restricted Stock Unit	$	A	23971	Acquired	2028-03-01	Common Stock (23971)	Direct
2025-03-01	Performance Stock Unit	$	A	35956	Acquired	2028-03-01	Common Stock (35956)	Direct
2025-03-01	Performance Stock Unit	$	D	39877	Disposed	2025-03-01	Common Stock (39877)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Stock Unit	$	2026-03-01	Common Stock (45920)	45920	Direct
Performance Stock Unit	$	2027-03-01	Common Stock (32895)	32895	Direct

Footnotes

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

F2: Includes 65 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 13, 2024 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, 2022.

F4: Includes 71 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 13, 2024 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, 2023.

F6: Includes 72 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 13, 2024 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: These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2024.

F8: Includes 144 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 13, 2024 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: These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2025.

F10: Includes 452 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 13, 2024 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).

F11: Includes 324 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 13, 2024 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).

F12: 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 and Free Cash Flow performance goals are achieved by the end of 2027. Earned PSUs, if any, will vest on March 1, 2028.

F13: Represents the forfeiture of PSUs granted to the reporting person on March 1, 2022 that were eligible to vest based on certain financial performance objectives. Upon grant, the target vesting amount was reported in Table II of Form 4. On March 1, 2025, the Company determined that, based on the Company's performance over the applicable performance period, all PSUs under this grant would be forfeited.

F14: Includes 392 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) December 13, 2024 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).