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TREX CO INC — Director's Dealing 2011
Jun 2, 2011
30867_dirs_2011-06-02_8dbdb767-2a2f-4eea-a71f-f55117bdba91.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TREX CO INC (TREX)
CIK: 0001069878
Period of Report: 2011-06-01
Reporting Person: KAPLAN RONALD W (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-06-01 | Common Stock | M | 16174 | $8.80 | Acquired | 124719 | Direct |
| 2011-06-01 | Common Stock | F | 4728 | $29.74 | Disposed | 119991 | Direct |
| 2011-06-01 | Common Stock | D | 4971 | $29.74 | Disposed | 115020 | Direct |
| 2011-06-01 | Common Stock | S | 619 | $30.51 | Disposed | 114401 | Direct |
| 2011-06-01 | Common Stock | S | 100 | $30.47 | Disposed | 114301 | Direct |
| 2011-06-01 | Common Stock | S | 200 | $30.46 | Disposed | 114101 | Direct |
| 2011-06-01 | Common Stock | S | 100 | $30.36 | Disposed | 114001 | Direct |
| 2011-06-01 | Common Stock | S | 200 | $30.35 | Disposed | 113801 | Direct |
| 2011-06-02 | Common Stock | S | 6475 | $29.30 | Disposed | 107326 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-06-01 | Stock Appreciation Right | $8.80 | M | 16174 | Disposed | 2018-01-07 | Common Stock (16174) | Direct |
Footnotes
F1: 16,174 Stock Appreciation Rights (SARs) are being exercised pursuant to Rule 10b5-1 trading plan adopted by the reporting person on November 3, 2010.
F2: 4,728 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 SARs.
F3: The stock appreciation right becomes exerciseable in three equal installments beginning on the first anniversary date of the transaction date.
F4: The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the reporting person on November 3, 2010.