SEC Form 4 · accession 0001127602-15-029966
TREX CO INC · TREX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald W Kaplan
Director
Period of report
Oct 29, 2015
Accepted (ET)
Nov 2, 2015 · 5:05 pm EST
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 | Oct 29, 2015 | M | 23,580 | $13.10 | A | 96,145 | D | |
| Common Stock | Oct 29, 2015 | M | 45,240 | $12.78 | A | 141,385 | D | |
| Common Stock | Oct 29, 2015 | M | 46,346 | $21.94 | A | 187,731 | D | |
| Common Stock | Oct 29, 2015 | D | 48,868 | $38.96 | D | 138,863 | D | |
| Common Stock | Oct 29, 2015 | F | 31,626 | $38.96 | D | 107,237 | D | |
| Common StockF2 | Oct 29, 2015 | S | 66,565 | $38.9163 | D | 40,672 | D | |
| Common StockF3 | Oct 30, 2015 | S | 34,672 | $39.0464 | D | 6,000 | 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 | Oct 29, 2015 | M | 23,580 | D | Feb 16, 2012 | Feb 16, 2022 | Common Stock | 23,580 | 0 | D |
| Stock Appreciation Right | $12.78 | Oct 29, 2015 | M | 45,240 | D | Feb 15, 2013 | Feb 15, 2022 | Common Stock | 45,240 | 0 | D |
| Stock Appreciation Right | $21.94 | Oct 29, 2015 | M | 46,346 | D | Feb 12, 2014 | Feb 12, 2023 | Common Stock | 46,346 | 0 | D |
Explanation of responses
- F131,626 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 stock appreciation rights.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.36 to $39.885, inclusive. The reporting person undertakes to provide Trex Company, Inc., any security holder of Trex Company, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote (2) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.80 to $39.53, inclusive. The reporting person undertakes to provide Trex Company, Inc., any security holder of Trex Company, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote (3) to this Form 4.