SEC Form 4 · accession 0000763744-15-000051
LCI INDUSTRIES · LCII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott T Mereness
Officer — President
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 7:45 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 | 4,575 | $0.00 | A | 85,190 | D | |
| Common Stock | Feb 26, 2015 | F | 2,162 | $60.24 | D | 83,028 | D | |
| Common StockF2 | Feb 26, 2015 | A | 12,476 | $0.00 | A | 95,504 | D | |
| Common Stock | Feb 26, 2015 | F | 5,895 | $60.24 | D | 89,609 | D | |
| Common StockF3 | Feb 26, 2015 | A | 25,348 | $0.00 | A | 114,957 | D | |
| Common Stock | Feb 26, 2015 | F | 11,977 | $60.24 | D | 102,980 | 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 | 4,574 | D | Feb 26, 2015 | Feb 26, 2015 | Common Stock | 4,575 | 51,006 | D |
| Deferred Stock UnitsF5,F4 | $0.00 | Feb 26, 2015 | A | 7,376 | A | Feb 26, 2018 | Feb 26, 2018 | Common Stock | 7,376 | 58,382 | D |
| Deferred Stock UnitsF4,F6 | $0.00 | Feb 26, 2015 | A | 12,124 | A | Mar 1, 2016 | Mar 1, 2018 | Common Stock | 12,124 | 70,506 | D |
| Performance Stock AwardsF7 | $0.00 | Feb 26, 2015 | A | 24,615 | A | Mar 1, 2018 | Mar 1, 2018 | Common Stock | 24,615 | 83,527 | 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. Mereness in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated March 4, 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. Mereness in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated March 4, 2013.
- F4Each Deferred Stock Unit represents a contingent right to receive one share of DW Common Stock.
- F5Deferred Stock Units were granted to Mr. Mereness in lieu of cash compensation of $444,686 in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated March 4, 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.