SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
ZINN FREDRIC

(Last) (First) (Middle)
C/O DREW INDUSTRIES INCORPORATED
200 MAMARONECK AVENUE

(Street)
WHITE PLAINS NY 10601

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DREW INDUSTRIES INC [ DW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
12/20/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Stock Units $0 12/20/2012 J(3) 193.27 03/15/2013 03/15/2013 Common Stock 193.27 $33.32 164,940.59 D
Deferred Stock Units $0 12/20/2012 J(3) 181.25 05/15/2013 05/15/2013 Common Stock 181.25 $33.32 165,121.84 D
Deferred Stock Units $0 12/20/2012 J(3) 197.58 08/15/2013 08/15/2013 Common Stock 197.58 $33.32 165,319.42 D
Deferred Stock Units $0 12/20/2012 J(3) 191.33 11/15/2013 11/15/2013 Common Stock 191.33 $33.32 165,510.75 D
Deferred Stock Units $0 12/20/2012 J(3) 165.12 03/15/2014 03/15/2014 Common Stock 165.12 $33.32 165,675.87 D
Deferred Stock Units $0 12/20/2012 J(3) 401.49 03/15/2014 03/15/2014 Common Stock 401.49 $33.32 166,077.36 D
Deferred Stock Units $0 12/20/2012 J(3) 168 05/15/2014 05/15/2014 Common Stock 168 $33.32 166,245.36 D
Deferred Stock Units $0 12/20/2012 J(3) 151.76 08/15/2014 08/15/2014 Common Stock 151.76 $33.32 166,397.12 D
Deferred Stock Units $0 12/20/2012 J(3) 187.76 11/15/2014 11/15/2014 Common Stock 187.76 $33.32 166,584.88 D
Deferred Stock Units $0 12/20/2012 J(3) 152.94 03/15/2015 03/15/2015 Common Stock 152.94 $33.32 166,737.82 D
Deferred Stock Units $0 12/20/2012 J(3) 840.34 01/01/2013(1) 12/31/2015(1) Common Stock 840.34 $33.32 167,578.16 D
Deferred Stock Units $0 12/20/2012 J(3) 6,385.7 03/15/2015 03/15/2015 Common Stock 6,385.7 $33.32 173,963.86 D
Deferred Stock Units $0 12/20/2012 J(3) 672.27 01/01/2014(2) 12/31/2015(2) Common Stock 672.27 $33.32 174,636.13 D
Explanation of Responses:
1. These performance-based Deferred Stock Unit dividends will vest at the rate of 1% for each $0.01 that the Company's earnings per diluted share in any year in the period 2012 - 2014 exceeds 2010 earnings per diluted share of $1.26, but no more than 50% can vest in any one year.
2. These performance-based Deferred Stock Unit dividends will vest at the rate of 2% for each $0.01 that the Company's earnings per diluted share in any year in the period 2013 - 2015 exceeds $1.60, but no more than 50% can vest in any one year.
3. 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 Fredric M. Zinn 12/24/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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