X0306 4 2012-12-20 0000763744 DREW INDUSTRIES INC DW 0001307217 Mereness Scott T C/O LIPPERT COMPONENTS, INC. 2703 COLLEGE AVENUE GOSHEN IN 46528 1 President of Subsidiaries Deferred Stock Units 0 2012-12-20 4 J 0 46.39 33.32 A 2013-03-15 2013-03-15 Common Stock 46.39 36632.23 D Deferred Stock Units 0 2012-12-20 4 J 0 45.43 33.32 A 2013-03-15 2013-03-15 Common Stock 45.43 36677.66 D Deferred Stock Units 0 2012-12-20 4 J 0 43.50 33.32 A 2013-05-15 2013-05-15 Common Stock 43.50 36721.16 D Deferred Stock Units 0 2012-12-20 4 J 0 47.42 33.32 A 2013-08-15 2013-08-15 Common Stock 47.42 36768.58 D Deferred Stock Units 0 2012-12-20 4 J 0 45.92 33.32 A 2013-11-15 2013-11-15 Common Stock 45.92 36814.50 D Deferred Stock Units 0 2012-12-20 4 J 0 39.63 33.32 A 2014-03-15 2014-03-15 Common Stock 39.63 36854.13 D Deferred Stock Units 0 2012-12-20 4 J 0 920.55 33.32 A 2014-03-15 2014-03-15 Common Stock 920.55 37774.68 D Deferred Stock Units 0 2012-12-20 4 J 0 40.32 33.32 A 2014-05-15 2014-05-15 Common Stock 40.32 37815 D Deferred Stock Units 0 2012-12-20 4 J 0 36.42 33.32 A 2014-08-15 2014-08-15 Common Stock 36.42 37851.42 D Deferred Stock Units 0 2012-12-20 4 J 0 45.06 33.32 A 2014-11-15 2014-11-15 Common Stock 45.06 37896.48 D Deferred Stock Units 0 2012-12-20 4 J 0 36.70 33.32 A 2015-03-15 2015-03-15 Common Stock 36.70 37933.18 D Deferred Stock Units 0 2012-12-20 4 J 0 320.48 33.32 A 2015-03-15 2015-03-15 Common Stock 320.48 38253.66 D Deferred Stock Units 0 2012-12-20 4 J 0 264.11 33.32 A 2014-01-01 2017-12-31 Common Stock 264.11 38517.77 D Deferred Stock Units 0 2012-12-20 4 J 0 264.11 33.32 A 2013-11-20 2017-11-20 Common Stock 264.11 38781.88 D These performance-based Deferred Stock Unit dividends will vest at the rate of 2% for each $0.01 that the Company's earnings per share in any year in the period 2013 - 2017 exceeds $1.60. These Deferred Stock Unit dividends vest at the rate of 20% per year for 5 years. On December 20, 2012, as previously announced, registrant paid a special cash dividend of $2.00 per share to holders of registrant's common stock. In accordance with registrant's Equity Award and Incentive Plan, as Amended and Restated, holders of deferred stock units received additional deferred stock units equivalent to $2.00 per deferred stock unit held on December 20, 2012. /s/ Joseph S. Giordano III on behalf of Scott T. Mereness 2012-12-24