Jason Lippert - Nov 25, 2024 Form 4 Insider Report for LCI INDUSTRIES (LCII)

Role
President , CEO, Director
Signature
/s/ Lillian D. Etzkorn on behalf of Jason D. Lippert
Stock symbol
LCII
Transactions as of
Nov 25, 2024
Transactions value $
-$1,260,000
Form type
4
Date filed
11/27/2024, 04:13 PM
Previous filing
Nov 4, 2024
Next filing
Dec 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCII Common Stock Sale -$625K -5K -1.3% $125.00 378K Nov 25, 2024 Direct F1
transaction LCII Common Stock Sale -$635K -5K -1.32% $127.00 373K Nov 25, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LCII Restricted Stock Unit 6.58K Nov 25, 2024 Common Stock 6.58K Direct F2, F3, F4
holding LCII Restricted Stock Unit 14.3K Nov 25, 2024 Common Stock 14.3K Direct F2, F5, F6
holding LCII Restricted Stock Unit 21.7K Nov 25, 2024 Common Stock 21.7K Direct F2, F7, F8
holding LCII Performance Stock Unit 39.5K Nov 25, 2024 Common Stock 39.5K Direct F2, F9
holding LCII Performance Stock Unit 45.5K Nov 25, 2024 Common Stock 45.5K Direct F2, F10
holding LCII Performance Stock Unit 32.6K Nov 25, 2024 Common Stock 32.6K Direct F2, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on March 1, 2024.
F2 Each Stock Unit represents a contingent right to receive one share of LCII Common Stock.
F3 These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2022.
F4 Includes 183 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 22, 2024, June 14, 2024, and September 13, 2024 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
F5 These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2023.
F6 Includes 397 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 22, 2024, June 14, 2024, and September 13, 2024 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
F7 These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2024.
F8 Includes 605 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 22, 2024, June 14, 2024, and September 13, 2024 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
F9 Includes 1,100 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 22, 2024, June 14, 2024, and September 13, 2024 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
F10 Includes 1,266 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 22, 2024, June 14, 2024, and September 13, 2024 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
F11 Includes 907 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 22, 2024, June 14, 2024, and September 13, 2024 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).