-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, D/7qJT0NjKBTZ3zPlPYlQVLXuGRViF5ed1N6C3qWoR6xOIJx+4zZ+CmiMN5Wc1oR 7CUNlV7Akc/TvPuOAU6oHw== 0001436716-10-000004.txt : 20100104 0001436716-10-000004.hdr.sgml : 20100101 20100104202710 ACCESSION NUMBER: 0001436716-10-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091231 FILED AS OF DATE: 20100104 DATE AS OF CHANGE: 20100104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ZINN FREDRIC CENTRAL INDEX KEY: 0001238356 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13646 FILM NUMBER: 10503927 MAIL ADDRESS: STREET 1: C/O DREW INDUSTRIES INC STREET 2: 200 MAMARONECK AVE STE 301 CITY: WHITE PLAINS STATE: NY ZIP: 10601 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: 200 MAMARONECK AVE CITY: WHITE PLAINS STATE: NY ZIP: 10601 BUSINESS PHONE: 9144289098 MAIL ADDRESS: STREET 1: 200 MAMARONECK AVE CITY: WHITE PLAINS STATE: NY ZIP: 10601 4 1 edgar.xml PRIMARY DOCUMENT X0303 4 2009-12-31 0000763744 DREW INDUSTRIES INC DW 0001238356 ZINN FREDRIC C/O DREW INDUSTRIES INCORPORATED 200 MAMARONECK AVENUE WHITE PLAINS NY 10601 1 1 0 0 President and CEO Deferred Stock Units 0 2009-12-31 4 A 0 605.33 20.65 A 2013-02-15 2013-02-15 Common Stock 605.33 32056.65 D Deferred Stock Units 0 2009-12-31 4 A 0 2421.31 20.65 A 2013-02-15 2013-02-15 Common Stock 2421.31 34477.96 D Pursuant to the Executive Compensation and Non-Competition arrangement between the Company and Fredric M. Zinn, our President and Chief Executive Officer, for the period January 1, 2009 through December 31, 2011 (the "Measurement Period"), Mr. Zinn will receive annual base salary of $500,000 consisting of $450,000 in cash and deferred stock units ("DSUs") representing shares equivalent in value to $50,000. The DSUs will be issued quarterly on the last day of each calendar quarter at the rate of $12,500 per quarter. Mr. Zinn will receive annually DSUs representing shares equivalent in value to $200,000 (the "Incentive DSUs"), issued at the end of each calendar quarter at the rate of $50,000 per quarter. These DSUs are subject to forfeit. Upon expiration of the Measurement Period, Mr. Zinn will be entitled to receive an additional 1,000 DSUs for each 0.1% that the Company's average return on invested capital ("ROIC") for the Measurement Period is above the average ROIC of the Company's peer group (as defined), but the total number of DSUs will not exceed 100,000 units (the "ROIC Bonus"). However, if the foregoing calculation of DSUs for the Measurement Period results in a negative number, Incentive DSUs issued during the Measurement Period will be forfeited at the same rate of 1,000 DSUs for each 0.1% that the Company's ROIC for the Measurement Period is below the ROIC of the Company's peer group. Joseph S. Giordano III, on behalf of Fredric M. Zinn 2010-01-04 -----END PRIVACY-ENHANCED MESSAGE-----