SEC Form 4 · accession 0000763744-15-000049
LCI INDUSTRIES · LCII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Lippert
Officer — Chief Executive Officer · Director
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 7:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000763744
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 26, 2015 | M | 5,822 | $0.00 | A | 102,875 | D | |
| Common Stock | Feb 26, 2015 | F | 2,736 | $60.24 | D | 100,139 | D | |
| Common StockF2 | Feb 26, 2015 | A | 17,674 | $0.00 | A | 117,813 | D | |
| Common Stock | Feb 26, 2015 | F | 8,306 | $60.24 | D | 109,507 | D | |
| Common StockF3 | Feb 26, 2015 | A | 36,368 | $0.00 | A | 145,875 | D | |
| Common Stock | Feb 26, 2015 | F | 17,092 | $60.24 | D | 128,783 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F4 | $0.00 | Feb 26, 2015 | M | 5,822 | D | Feb 26, 2015 | Feb 26, 2015 | Common Stock | 5,822 | 32,523 | D |
| Deferred Stock UnitsF5,F4 | $0.00 | Feb 26, 2015 | A | 8,932 | A | Feb 26, 2018 | Feb 26, 2018 | Common Stock | 8,932 | 41,454 | D |
| Deferred Stock UnitsF4,F6 | $0.00 | Feb 26, 2015 | A | 16,940 | A | Mar 1, 2016 | Mar 1, 2018 | Common Stock | 16,940 | 58,395 | D |
| Performance Stock AwardsF7 | $0.00 | Feb 26, 2015 | A | 34,394 | A | Mar 1, 2018 | Mar 1, 2018 | Common Stock | 34,394 | 118,702 | D |
Explanation of responses
- F1Performance-based Deferred Stock Units vested based on growth in earnings per share in accordance with their terms.
- F2Shares of Common Stock were issued to Mr. Lippert in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated February 26, 2013. The sale of these shares of Common Stock is restricted for a period of one year from the award date.
- F3Shares of Common Stock were issued to Mr. Lippert in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated February 26, 2013.
- F4Each Deferred Stock Unit represents a contingent right to receive one share of DW Common Stock.
- F5Deferred Stock Units were granted to Mr. Lippert in lieu of cash compensation of $538,494 in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated February 26, 2013.
- F6These Deferred Stock Units vest on March 1 at the rate of one third per year for 3 years.
- F7These Performance Stock Awards represent a contingent right to receive shares of DW Common Stock based on cumulative growth in earnings per share over two years, and vesting on March 1, 2018.