SEC Form 4 · accession 0001127602-15-017440
TREX CO INC · TREX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Cline
Officer — Senior Vice President and CFO
Period of report
May 13, 2015
Accepted (ET)
May 15, 2015 · 12:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001069878
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 13, 2015 | M | 10,979 | $8.705 | A | 76,851 | D | |
| Common Stock | May 13, 2015 | D | 1,958 | $48.80 | D | 74,893 | D | |
| Common Stock | May 13, 2015 | F | 4,304 | $48.80 | D | 70,589 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right | $8.705 | May 13, 2015 | M | 10,979 | D | Feb 17, 2011 | Feb 17, 2020 | Common Stock | 10,979 | 12,350 | D |
Explanation of responses
- F1Stock Appreciation Rights are being exercised pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 15, 2014.
- F24,304 shares are being surrendered as allowed by the Company's 2005 Stock Incentive Plan to cover the payment of taxes currently due on the exercise of SARs.