SEC Form 4 · accession 0001127602-19-006254

TREX CO INC · TREX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Officer — VP and CFO

Period of report

Feb 13, 2019

Accepted (ET)

Feb 15, 2019 · 3:45 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
Common Stock^F2	Feb 13, 2019	A	5,373	$77.70	A	49,739	D
Common Stock	Feb 13, 2019	F	5,101	$77.70	D	44,638	D
Common Stock	Feb 13, 2019	A	2,618	$77.70	A	47,256	D
Common Stock	Feb 13, 2019	A	3,740	$77.70	A	50,996	D
Common Stock	Feb 14, 2019	F	333	$78.34	D	50,663	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Appreciation Right	$77.70	Feb 13, 2019	A	2,950	A	Feb 13, 2019	Feb 13, 2029	Common Stock	2,950	2,950	D

F1Represents net share difference between target performance-based shares and actual vested shares, based upon actual performance for the Company.
F2On June 18, 2018, the Company effectuated a two-for-one stock split to common shareholders of record on May 23,2018. The amounts set forth in this Form 4 and all subsequent reports filed report the amounts adjusted to reflect the stock split.
F35,101 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 and restricted stock units.
F4This restricted stock unit vests over a three-year period in three equal annual installments beginning on the first anniversary of the grant date.
F5This restricted stock unit award is performance-based, and vests over a three-year period in three equal installments beginning on the first anniversary of the grant date. The number of shares set forth above is the target number of shares. The number of shares that will actually vest each year will be based upon performance against certain financial goals for the Company, and will range from 0% to 200% of the target number of shares.
F6333 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.
F7This stock appreciation right becomes exercisable in three equal annual installments beginning on the first anniversary of the grant date.