SEC Form 4 · accession 0001593968-19-000746
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
Mar 7, 2019
Accepted (ET)
Mar 11, 2019 · 4:16 pm EDT
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 Stock | holding | — | — | — | 1,688 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitF2,F1 | — | Mar 7, 2019 | A | 1,863 | A | Mar 7, 2022 | Mar 7, 2022 | Common Stock | 1,863 | 1,863 | D |
| Restricted Stock UnitF3,F4,F1,F5,F6 | — | Mar 7, 2019 | A | 3,652 | A | — | — | Common Stock | 3,652 | 3,652 | D |
| Restricted Stock UnitF7,F4,F1,F5,F6 | — | Mar 7, 2019 | A | 1,242 | A | — | — | Common Stock | 1,242 | 1,242 | D |
Explanation of responses
- F1Each Stock Unit represents a contingent right to receive one share of LCII Common Stock.
- F2These Performance Stock Units ("PSUs") represent a contingent right to receive shares of LCII Common Stock, if and to the extent certain Return on Invested Capital and revenue diversification performance goals are achieved in 2021. Earned PSUs, if any, will vest on the date that the registrant's Compensation Committee determines the number of PSUs earned.
- F3These Restricted Stock Units represent a special grant of time-based stock units made in connection with the reporting person's agreement to extend the time period of the restrictive covenants in his employment agreement by an additional 12 months.
- F4These Stock Units vest on March 7 at the rate of one third per year for 3 years.
- F5No exercisable date for this type of award
- F6No expiration date for this type of award
- F7These Restricted Stock Units represent the 2019 annual grant of time-based stock units.