UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Options | 11/29/2011(1) | 11/29/2016 | Common Stock | 3,200 | $ 13.67 | D | Â |
Employee Stock Options | 11/15/2012(1) | 11/15/2017 | Common Stock | 5,160 | $ 17.17 | D | Â |
Deferred Stock Units | 11/29/2015 | 11/29/2015 | Common Stock | 3,029 | $ 0 (2) | D | Â |
Deferred Stock Units | 11/15/2016 | 11/15/2016 | Common Stock | 3,246 | $ 0 (2) | D | Â |
Deferred Stock Units | 11/20/2015(3) | 11/20/2017 | Common Stock | 3,400 | $ 0 (2) | D | Â |
Deferred Stock Units | 02/15/2017 | 02/15/2017 | Common Stock | 4,712 (4) | $ 0 (2) | D | Â |
Deferred Stock Units | 11/20/2014(5) | 11/20/2018 | Common Stock | 3,868 | $ 0 (2) | D | Â |
Deferred Stock Units | 03/01/2018 | 03/01/2018 | Common Stock | 4,582 (6) | $ 0 (2) | D | Â |
Deferred Stock Units | 01/01/2016(7) | 12/31/2019 | Common Stock | 4,651 | $ 0 (2) | D | Â |
Deferred Stock Units | 11/20/2015(5) | 11/20/2019 | Common Stock | 4,651 | $ 0 (2) | D | Â |
Deferred Stock Units | 03/01/2016(8) | 03/01/2018 | Common Stock | 8,784 | $ 0 (2) | D | Â |
Performance Stock Awards | 01/01/2016 | 01/01/2016 | Common Stock | 5,372 (9) | $ 0 | D | Â |
Performance Stock Awards | 01/01/2017 | 01/01/2017 | Common Stock | 8,267 (9) | $ 0 | D | Â |
Performance Stock Awards | 03/01/2018(10) | 03/01/2018 | Common Stock | 16,534 | $ 0 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
DRIVER TODD W C/O DREW INDUSTIRES INCORPORATED 3501 COUNTY ROAD 6 EAST ELKHART, IN 46514 |
 |  |  Chief Operations Officer |  |
/s/ TODD W DRIVER | 06/05/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Employee Stock Options become exercisable at the rate of 20% per year for 5 years. |
(2) | Each Deferred Stock Unit represents a contingent right to receive one share of DW Common Stock. |
(3) | These Deferred Stock Units vest at the rate of one third per year for 3 years begining November 20, 2015. |
(4) | Deferred Stock Units were granted to Mr. Driver in lieu of cash compensation of $209,633 in accordance with his Employment and Non-Competition Agreement dated October 28, 2013. |
(5) | These Deferred Stock Units vest at the rate of 20% per year for 5 years. |
(6) | Deferred Stock Units were granted to Mr. Driver in lieu of cash compensation of $231,443 in accordance with his Employment and Non-Competition Agreement dated October 28, 2013. |
(7) | These performance-based Deferred Stock Units will vest at the rate of two (2) percent for each $0.01 that the Company's earnings per diluted share in any year in the period 2015 - 2019 exceeds the greater of $2.60 or the highest earnings per diluted share for any prior year in the vesting period. |
(8) | These Deferred Stock Units vest on March 1 at the rate of one third per year for 3 years. |
(9) | These Performance Stock Awards represent a contingent right to receive shares of DW Common Stock based on cumulative growth in earnings per share over a two year and/or three year period. |
(10) | 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 if earned, vesting occurs on March 1, 2018. |