SEC Form 4 · accession 0001127602-15-020763
TREX CO INC · TREX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
F Timothy Reese
Officer — Sr. Vice President, Operations
Period of report
Jun 12, 2015
Accepted (ET)
Jun 16, 2015 · 4:40 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 | Jun 12, 2015 | M | 9,286 | $12.78 | A | 91,852 | D | |
| Common Stock | Jun 12, 2015 | D | 2,312 | $51.33 | D | 89,540 | D | |
| Common Stock | Jun 12, 2015 | F | 3,216 | $51.33 | D | 86,324 | D | |
| Common Stock | Jun 16, 2015 | S | 3,758 | $51.00 | D | 82,566 | 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 | $12.78 | Jun 12, 2015 | M | 9,286 | D | Feb 15, 2013 | Feb 15, 2022 | Common Stock | 9,286 | 0 | D |
Explanation of responses
- F1Stock Appreciation Rights (SARs) are being exercised pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on May 11, 2015.
- F23,216 shares are being surrendered as allowed by the Company's 2005 Stock Incentive Plan to cover the payment of taxes currently due on exercise of stock appreciation rights.
- F3The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on May 11, 2015.