SEC Form 4 · accession 0001593968-19-000672
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
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 6:08 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 |
|---|---|---|---|---|---|---|---|---|
| LCII Common StockF1 | Mar 1, 2019 | M | 52,106 | $0.00 | A | 266,516 | D | |
| LCII Common Stock | Mar 1, 2019 | F | 22,350 | $82.73 | D | 244,166 | D | |
| LCII Common StockF2 | Mar 1, 2019 | M | 18,646 | $0.00 | A | 262,812 | D | |
| LCII Common Stock | Mar 1, 2019 | F | 7,998 | $82.73 | D | 254,814 | D | |
| LCII Common StockF3 | Mar 1, 2019 | M | 5,771 | $0.00 | A | 260,585 | D | |
| LCII Common Stock | Mar 1, 2019 | F | 2,475 | $82.73 | D | 258,110 | D | |
| LCII Common StockF4 | Mar 1, 2019 | M | 4,151 | $0.00 | A | 262,261 | D | |
| LCII Common Stock | Mar 1, 2019 | F | 1,780 | $82.73 | D | 260,481 | D | |
| LCII Common StockF5 | Mar 1, 2019 | M | 3,910 | $0.00 | A | 264,391 | D | |
| LCII Common Stock | Mar 1, 2019 | F | 1,677 | $82.73 | D | 262,714 | 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 UnitsF3,F6,F7,F8 | — | Mar 1, 2019 | M | 5,771 | D | — | — | LCII Common Stock | 5,771 | 0 | D |
| Deferred Stock UnitsF4,F6,F7,F8 | — | Mar 1, 2019 | M | 4,151 | D | — | — | LCII Common Stock | 4,151 | 0 | D |
| Restricted Stock UnitsF5,F9,F6,F7,F8 | — | Mar 1, 2019 | M | 3,910 | D | — | — | LCII Common Stock | 3,910 | 7,818 | D |
| Performance Stock AwardsF10,F11,F6 | — | Mar 1, 2019 | D | 24,900 | D | Mar 1, 2020 | Mar 1, 2020 | LCII Common Stock | 24,900 | 0 | D |
| Performance Stock UnitsF2,F6 | — | Mar 1, 2019 | M | 18,646 | D | Mar 1, 2019 | Mar 1, 2019 | LCII Common Stock | 18,646 | 0 | D |
| Performance Stock UnitsF12,F13,F14,F6 | — | Mar 1, 2019 | D | 5,509 | D | Mar 1, 2020 | Mar 1, 2020 | LCII Common Stock | 5,509 | 3,288 | D |
| Performance Stock AwardsF1,F6 | — | Mar 1, 2019 | M | 52,106 | D | Mar 1, 2019 | Mar 1, 2019 | LCII Common Stock | 52,106 | 0 | D |
| Deferred Stock UnitsF15,F6,F7,F8 | — | holding | — | — | — | — | — | LCII Common Stock | 1,233 | 1,233 | D |
| Deferred Stock UnitsF4,F6,F7,F8 | — | holding | — | — | — | — | — | LCII Common Stock | 4,151 | 4,151 | D |
| Performance Stock UnitsF16,F6 | — | holding | — | — | — | Mar 1, 2021 | Mar 1, 2021 | LCII Common Stock | 23,455 | 23,455 | D |
Explanation of responses
- F1Includes 438 stock units received as a result of a regular cash dividend of $0.60 per share paid on December 7, 2018 to holders of registrant's common stock on November 26, 2018. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock units received additional stock units equivalent to $0.60 per stock unit held on November 26, 2018.
- F10Includes 209 stock units received as a result of a regular cash dividend of $0.60 per share paid on December 7, 2018 to holders of registrant's common stock on November 26, 2018. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock units received additional stock units equivalent to $0.60 per stock unit held on November 26, 2018.
- F11Represents Performance Stock Units that were forfeited due to the Company not achieving the performance target on cumulative growth in earnings per share over two years.
- F12Includes 46 stock units received as a result of a regular cash dividend of $0.60 per share paid on December 7, 2018 to holders of registrant's common stock on November 26, 2018. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock units received additional stock units equivalent to $0.60 per stock unit held on November 26, 2018.
- F13Represents Performance Stock Units that were earned based on the Company achieving 37% of the performance target on Return on Invested Capital (ROIC) over one year, which Units will vest in full on March 1, 2020.
- F14Includes 28 stock units received as a result of a regular cash dividend of $0.60 per share paid on December 7, 2018 to holders of registrant's common stock on November 26, 2018. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock units received additional stock units equivalent to $0.60 per stock unit held on November 26, 2018.
- F15Includes 10 stock units received as a result of a regular cash dividend of $0.60 per share paid on December 7, 2018 to holders of registrant's common stock on November 26, 2018. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock units received additional stock units equivalent to $0.60 per stock unit held on November 26, 2018.
- F16Includes 197 stock units received as a result of a regular cash dividend of $0.60 per share paid on December 7, 2018 to holders of registrant's common stock on November 26, 2018. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock units received additional stock units equivalent to $0.60 per stock unit held on November 26, 2018.
- F2Includes 157 stock units received as a result of a regular cash dividend of $0.60 per share paid on December 7, 2018 to holders of registrant's common stock on November 26, 2018. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock units received additional stock units equivalent to $0.60 per stock unit held on November 26, 2018.
- F3Includes 48 stock units received as a result of a regular cash dividend of $0.60 per share paid on December 7, 2018 to holders of registrant's common stock on November 26, 2018. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock units received additional stock units equivalent to $0.60 per stock unit held on November 26, 2018.
- F4Includes 35 stock units received as a result of a regular cash dividend of $0.60 per share paid on December 7, 2018 to holders of registrant's common stock on November 26, 2018. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock units received additional stock units equivalent to $0.60 per stock unit held on November 26, 2018.
- F5Includes 33 stock units received as a result of a regular cash dividend of $0.60 per share paid on December 7, 2018 to holders of registrant's common stock on November 26, 2018. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock units received additional stock units equivalent to $0.60 per stock unit held on November 26, 2018.
- F6Each Stock Unit represents a contingent right to receive one share of LCII common stock.
- F7No exercisable date for this type of award
- F8No expiration date for this type of award
- F9Includes 66 stock units received as a result of a regular cash dividend of $0.60 per share paid on December 7, 2018 to holders of registrant's common stock on November 26, 2018. In accordance with the registrant's Equity Award and Incentive Plan, holders of stock units received additional stock units equivalent to $0.60 per stock unit held on November 26, 2018.