0000763744-16-000339.txt : 20160212
0000763744-16-000339.hdr.sgml : 20160212
20160212161217
ACCESSION NUMBER: 0000763744-16-000339
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: LIPPERT JASON
CENTRAL INDEX KEY: 0001238361
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13646
FILM NUMBER: 161419213
MAIL ADDRESS:
STREET 1: C/O LIPPERT COMPONENTS INC
STREET 2: 2375 TAMIAMI TRAIL NORTH STE 11
CITY: NAPLES
STATE: FL
ZIP: 34103
4
1
wf-form4_145531152603217.xml
FORM 4
X0306
4
2016-02-10
0
0000763744
DREW INDUSTRIES Inc
DW
0001238361
LIPPERT JASON
C/O DREW INDUSTRIES INCORPORATED
3501 COUNTY ROAD 6 EAST
ELKHART
IN
46514
1
1
0
0
Chief Executive Officer
Common Stock
2016-02-10
4
M
0
4861
0
A
135572
D
Common Stock
2016-02-10
4
F
0
2284
55.22
D
133288
D
Common Stock
2016-02-10
4
M
0
17568
0
A
150856
D
Common Stock
2016-02-10
4
F
0
8257
55.22
D
142599
D
Common Stock
2016-02-10
4
M
0
35453
0
A
178052
D
Common Stock
2016-02-10
4
F
0
16662
55.22
D
161390
D
Deferred Stock Units
0.0
2016-02-10
4
M
0
4860.96
0
D
2016-02-10
2016-02-10
Common Stock
4861.0
51845.75
D
Deferred Stock Units
0.0
2016-02-10
4
A
0
2126.98
0
A
2017-03-01
2017-03-01
Common Stock
2127.0
43581.34
D
Deferred Stock Units
0.0
2016-02-10
4
A
0
16272.19
0
A
2017-03-01
2019-03-01
Common Stock
16273.0
70244.92
D
Performance Stock Awards
0.0
2016-02-10
4
M
0
17567.23
0
D
2016-02-10
2017-02-10
Common Stock
17568.0
105095.96
D
Performance Stock Awards
0.0
2016-02-10
4
M
0
35452.98
0
D
2016-02-10
2016-02-10
Common Stock
35453.0
69642.98
D
Performance Stock Awards
0.0
2016-02-10
4
A
0
33037.48
0
A
2019-03-01
2019-03-01
Common Stock
33038.0
102680.46
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. Lippert in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated February 26, 2013. The sale of these shares of Common Stock is restricted for a period of one year from the award date.
Includes 567 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. Lippert in accordance with his Amended and Restated Executive Employment and Non-Competition Agreement dated February 26, 2013.
Includes 2,453 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. Lippert in lieu of cash compensation of $117,441 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 Jason D Lippert
2016-02-12