SEC Form 4 · accession 0001127602-15-024829
TREX CO INC · TREX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam Dante Zambanini
Officer — Vice President, Marketing
Period of report
Aug 11, 2015
Accepted (ET)
Aug 13, 2015 · 9:07 am 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 | Aug 11, 2015 | M | 3,708 | $13.10 | A | 27,935 | D | |
| Common Stock | Aug 11, 2015 | M | 4,284 | $12.78 | A | 32,219 | D | |
| Common Stock | Aug 11, 2015 | D | 2,480 | $41.67 | D | 29,739 | D | |
| Common Stock | Aug 11, 2015 | F | 1,863 | $41.67 | D | 27,876 | D | |
| Common Stock | Aug 12, 2015 | S | 3,649 | $40.89 | D | 24,227 | 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 | $13.10 | Aug 11, 2015 | M | 3,708 | D | Feb 16, 2012 | Feb 16, 2022 | Common Stock | 3,708 | 3,710 | D |
| Stock Appreciation Right | $12.78 | Aug 11, 2015 | M | 4,284 | D | Feb 15, 2013 | Feb 15, 2022 | Common Stock | 4,284 | 8,564 | D |
Explanation of responses
- F1Stock Appreciation Rights are being exercised pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on May 11, 2015.
- F21,863 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.
- F3The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on May 11, 2015.