SEC Form 4 · accession 0001127602-18-018012
TREX CO INC · TREX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank H Merlotti Jr.
Director
Period of report
May 16, 2018
Accepted (ET)
May 17, 2018 · 9:48 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 | May 16, 2018 | M | 1,638 | $10.595 | A | 11,674 | D | |
| Common Stock | May 16, 2018 | D | 157 | $111.23 | D | 11,517 | D | |
| Common StockF3 | May 17, 2018 | S | 1,481 | $111.4956 | D | 10,036 | 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 | $10.595 | May 16, 2018 | M | 1,638 | D | Jul 20, 2010 | Jul 20, 2020 | Common Stock | 1,638 | 3,276 | D |
Explanation of responses
- F1Stock Appreciation Rights (SARs) are being exercised pursuant to a Rule 10b5-1 Exercise plan adopted by the reporting person on February 23, 2018.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Sales plan adopted by the reporting person on February 23, 2018.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $111.23 to $111.85, 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.