SEC Form 4 · accession 0000763744-18-000065
LCI INDUSTRIES · LCII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Scott T Mereness
Officer — President
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 4:23 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 | Mar 1, 2018 | M | 10,246 | $0.00 | A | 221,018 | D | |
| Common StockF2 | Mar 1, 2018 | M | 23,484 | $0.00 | A | 244,502 | D | |
| Common StockF3 | Mar 1, 2018 | M | 38,905 | $0.00 | A | 283,407 | D | |
| Common Stock | Mar 1, 2018 | F | 23,507 | $106.43 | D | 259,900 | 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,F5 | $0.00 | Mar 1, 2018 | M | 10,246 | D | Mar 1, 2018 | Mar 1, 2018 | Common Stock | 10,246 | 53,043 | D |
| Deferred Stock Units.F2,F4 | $0.00 | Mar 1, 2018 | M | 23,484 | D | Mar 1, 2018 | Mar 1, 2018 | Common Stock | 23,484 | 29,559 | D |
| Performance Stock AwardsF3 | $0.00 | Mar 1, 2018 | M | 38,905 | D | Mar 1, 2018 | Mar 1, 2018 | Common Stock | 38,905 | 59,975 | D |
| Restricted Stock UnitsF6,F4 | $0.00 | Mar 1, 2018 | A | 5,354 | A | Mar 1, 2019 | Mar 1, 2021 | Common Stock | 5,354 | 5,354 | D |
| Performance Stock UnitsF7,F4 | $0.00 | Mar 1, 2018 | A | 11,635 | A | Mar 1, 2021 | Mar 1, 2021 | Common Stock | 11,635 | 11,635 | D |
| Performance Stock UnitsF8,F4 | $0.00 | Mar 1, 2018 | A | 5,276 | A | Mar 1, 2020 | Mar 1, 2020 | Common Stock | 5,276 | 16,911 | D |
Explanation of responses
- F1Includes 43 shares received as a result of a regular cash dividend paid in 2017 to holders of registrant's common stock on the respective record date. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock award units received additional stock units equivalent to $0.55 per stock award unit held on the respective record date.
- F2Represents Deferred Stock Units granted to Mr. Mereness in lieu of cash compensation in accordance with the 2014 and 2016 Management Incentive Plan.
- F3Performance Stock Awards vested based on growth in earnings per share and converted to Common Stock in accordance with their terms.
- F4Each Stock Unit represents a contingent right to receive one share of LCII Common Stock.
- F5Includes 240.77 shares received as a result of a regular cash dividend paid in 2017 to holders of registrant's common stock on the respective record date. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock award units received additional stock units equivalent to $0.55 per stock award unit held on the respective record date.
- F6These 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 LCII Common Stock based on cumulative growth in earnings per share at target over two years, and vesting on March 1, 2021.
- F8These Performance Stock Awards represent a contingent right to receive shares of LCII Common Stock based on Return on Invested Capital (ROIC) at target over one year, and vesting on March 1, 2020.