SEC Form 4 · accession 0000763744-17-000056
LCI INDUSTRIES · LCII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A. Kuhns
Officer — Chief Legal Officer
Period of report
Feb 24, 2017
Accepted (ET)
Feb 28, 2017 · 5:46 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,F2 | Feb 24, 2017 | M | 278 | $0.00 | A | 2,455 | D | |
| Common Stock | Feb 24, 2017 | F | 90 | $108.47 | D | 2,365 | 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,F2,F3 | $0.00 | Feb 24, 2017 | M | 277 | D | Feb 24, 2017 | Feb 24, 2017 | Common Stock | 278 | 3,382 | D |
| Deferred Stock UnitsF3,F5,F4 | $0.00 | Feb 24, 2017 | A | 755 | A | Mar 1, 2018 | Mar 1, 2020 | Common Stock | 755 | 4,136 | D |
| Performance Stock AwardsF6,F7 | $0.00 | Feb 24, 2017 | A | 1,532 | A | Mar 1, 2020 | Mar 1, 2020 | Common Stock | 1,533 | 4,066 | D |
| Performance Stock AwardsF8 | $0.00 | Feb 24, 2017 | A | 625 | A | Mar 1, 2018 | Mar 1, 2018 | Common Stock | 626 | 4,691 | D |
Explanation of responses
- F1Performance-based Deferred Stock Units vested based on growth in earnings per share and converted to Common Stock in accordance with their terms.
- F2Includes 1.26 deferred stock units received as a result of a regular cash dividend of $0.50 per share paid on December 9, 2016 to holders of registrant's common stock on November 28, 2016. In accordance with the registrant's Equity Award and Incentive Plan, holders of deferred stock units received additional deferred stock units equivalent to $0.50 per deferred stock unit held on November 28, 2016.
- F3Each Deferred Stock Unit represents a contingent right to receive one share of LCII Common Stock.
- F4These Deferred Stock Units vest on March 1 at the rate of one third per year for 3 years.
- F5Includes 15.37 deferred stock units received as a result of a regular cash dividend of $0.50 per share paid on December 9, 2016 to holders of registrant's common stock on November 28, 2016. In accordance with the registrant's Equity Award and Incentive Plan, holders of deferred stock units received additional deferred stock units equivalent to $0.50 per deferred stock unit held on November 28, 2016.
- F6These Performance Stock Awards represent a contingent right to receive shares of LCII Common Stock based on cumulative growth in earnings per share over two years, and vesting on March 1, 2020.
- F7Includes 39.94 shares received as a result of regular cash dividends paid in 2016 to holders of registrant's common stock on the respective record dates. In accordance with the registrant's Equity Award and Incentive Plan, holders of performance stock award units received additional stock units equivalent to $1.40 per performance stock award unit held on the respective record dates.
- F8These Performance Stock Awards represent a contingent right to receive shares of LCII Common Stock based on cumulative growth in earnings per share which have been achieved and vest on March 1, 2018.