SEC Form 4 · accession 0000763744-17-000060
LCI INDUSTRIES · LCII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nick C Fletcher
Officer — Chief Human Resources Officer
Period of report
Feb 24, 2017
Accepted (ET)
Feb 28, 2017 · 5:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000763744
Table I — non-derivative securities
No Table I lines on this filing.
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,F3,F2 | $0.00 | Feb 24, 2017 | A | 622 | A | Mar 1, 2018 | Mar 1, 2020 | Common Stock | 622 | 6,765 | D |
| Performance Stock AwardsF4,F5 | $0.00 | Feb 24, 2017 | A | 1,262 | A | Mar 1, 2020 | Mar 1, 2020 | Common Stock | 1,263 | 2,325 | D |
| Performance Stock AwardsF6 | $0.00 | Feb 24, 2017 | A | 250 | A | Mar 1, 2018 | Mar 1, 2018 | Common Stock | 250 | 2,575 | D |
Explanation of responses
- F1Each Deferred Stock Unit represents a contingent right to receive one share of LCII Common Stock.
- F2These Deferred Stock Units vest on March 1 at the rate of one third per year for 3 years.
- F3Includes 27.92 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.
- F4These 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.
- F5Includes 16.75 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.
- F6These 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.