SEC Form 4 · accession 0001127602-19-006685
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 15, 2019
Accepted (ET)
Feb 19, 2019 · 2:47 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 15, 2019 | F | 1,509 | $76.76 | D | 78,447 | D | |
| Common Stock | Feb 17, 2019 | F | 4,061 | $76.76 | D | 74,386 | D | |
| Common Stock | Feb 15, 2019 | M | 22,848 | $10.97 | A | 97,234 | D | |
| Common Stock | Feb 15, 2019 | D | 3,266 | $76.76 | D | 93,968 | D | |
| Common Stock | Feb 15, 2019 | F | 8,832 | $76.76 | D | 85,136 | 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 | $10.97 | Feb 15, 2019 | M | 22,848 | D | Feb 12, 2014 | Feb 12, 2023 | Common Stock | 22,848 | 0 | D |
Explanation of responses
- F1516 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.
- F214,944 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.
- F3Stock Appreciation Rights are being exercised pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on August 24, 2017.
- F4Shares are being surrendered as allowed by the Company's 2014 Stock Incentive Plan to cover payment of taxes currently due on previously granted SARs.