SEC Form 4 · accession 0001127602-15-021384
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 23, 2015
Accepted (ET)
Jun 25, 2015 · 4:46 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 23, 2015 | M | 5,712 | $21.94 | A | 88,278 | D | |
| Common Stock | Jun 23, 2015 | D | 2,383 | $52.60 | D | 85,895 | D | |
| Common Stock | Jun 23, 2015 | F | 1,571 | $52.60 | D | 84,324 | D | |
| Common Stock | Jun 25, 2015 | S | 1,758 | $52.63 | 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 | $21.94 | Jun 23, 2015 | M | 5,712 | D | Feb 12, 2014 | Feb 12, 2023 | Common Stock | 5,712 | 5,712 | 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.
- F21,571 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.