0000763744-16-000334.txt : 20160212 0000763744-16-000334.hdr.sgml : 20160212 20160212161103 ACCESSION NUMBER: 0000763744-16-000334 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160210 FILED AS OF DATE: 20160212 DATE AS OF CHANGE: 20160212 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DREW INDUSTRIES Inc CENTRAL INDEX KEY: 0000763744 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 133250533 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3501 COUNTY ROAD 6 EAST CITY: ELKHART STATE: IN ZIP: 46514 BUSINESS PHONE: 5745351125 MAIL ADDRESS: STREET 1: 3501 COUNTY ROAD 6 EAST CITY: ELKHART STATE: IN ZIP: 46514 FORMER COMPANY: FORMER CONFORMED NAME: DREW INDUSTRIES INC DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mereness Scott T CENTRAL INDEX KEY: 0001307217 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13646 FILM NUMBER: 161419166 MAIL ADDRESS: STREET 1: C/O LIPPERT COMPONENTS, INC. STREET 2: 2766 COLLEGE AVENUE CITY: GOSHEN STATE: IN ZIP: 46528 4 1 wf-form4_145531144992372.xml FORM 4 X0306 4 2016-02-10 0 0000763744 DREW INDUSTRIES Inc DW 0001307217 Mereness Scott T C/O DREW INDUSTRIES INCORPORATED 3501 COUNTY ROAD 6 EAST ELKHART IN 46514 0 1 0 0 President Common Stock 2016-02-10 4 M 0 3820 0 A 119062 D Common Stock 2016-02-10 4 F 0 1805 55.22 D 117257 D Common Stock 2016-02-10 4 M 0 12401 0 A 129658 D Common Stock 2016-02-10 4 F 0 5859 55.22 D 123799 D Common Stock 2016-02-10 4 M 0 24710 0 A 148509 D Common Stock 2016-02-10 4 F 0 11675 55.22 D 136834 D Deferred Stock Units 0.0 2016-02-10 4 M 0 3819.32 0 D 2016-02-10 2016-02-10 Common Stock 3820.0 59405.41 D Deferred Stock Units 0.0 2016-02-10 4 A 0 2656.71 0 A 2017-03-01 2017-03-01 Common Stock 2657.0 62062.12 D Deferred Stock Units 0.0 2016-02-10 4 A 0 11645.78 0 A 2017-03-01 2019-03-01 Common Stock 11646.0 73707.90 D Performance Stock Awards 0.0 2016-02-10 4 M 0 12400.40 0 D 2016-02-10 2017-02-10 Common Stock 12401.0 73913.92 D Performance Stock Awards 0.0 2016-02-10 4 M 0 24709.65 0 D 2016-02-10 2016-02-10 Common Stock 24710.0 49204.27 D Performance Stock Awards 0.0 2016-02-10 4 A 0 23644.47 0 A 2019-03-01 2019-03-01 Common Stock 23645.0 72848.74 D Performance-based Deferred Stock Units vested based on growth in earnings per share and converted to Common Stock in accordance with their terms. Shares of Common Stock were issued to Mr. Mereness in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated March 4, 2013. The sale of these shares of Common Stock is restricted for a period of one year from the award date. Includes 400 shares received as a result of a special cash dividend of $2.00 per share paid to holders of registrant's common stock on April 10, 2015. In accordance with the registrant's Equity Award and Incentive Plan, holders of deferred stock units received additional deferred stock units equivalent to $2.00 per deferred stock unit held on April 10, 2015. Shares of Common Stock were issued to Mr. Mereness in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated March 4, 2013. Includes 1,709 shares received as a result of a special cash dividend of $2.00 per share paid to holders of registrant's common stock on April 10, 2015. In accordance with the registrant's Equity Award and Incentive Plan, holders of deferred stock units received additional deferred stock units equivalent to $2.00 per deferred stock unit held on April 10, 2015. Each Deferred Stock Unit represents a contingent right to receive one share of DW Common Stock. Deferred Stock Units were granted to Mr. Mereness in lieu of cash compensation of $146,690 in accordance with his Executive Employment Agreement dated February 26, 2015 and related 2015 Management Incentive Plan. These Deferred Stock Units vest on March 1 at the rate of one third per year for 3 years. These Performance Stock Awards represent a contingent right to receive shares of DW Common Stock based on cumulative growth in earnings per share over two years, and vesting on March 1, 2019. /s/ Robert A. Kuhns on behalf of Scott T. Mereness 2016-02-12