SEC Form 4 · accession 0001127602-17-007722
TREX CO INC · TREX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Cline
Officer — President and CEO · Director
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 4:16 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 | Feb 17, 2017 | F | 2,155 | $69.81 | D | 83,381 | D | |
| Common StockF3 | Feb 22, 2017 | S | 15,000 | $66.6641 | D | 68,381 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F12,155 shares are being surrendered as allowed by the Company's 2014 Stock Incentive Plan to cover payment of taxes currently due on previously granted restricted shares.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 15, 2016.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.99 to $68.76, 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.