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TREX CO INC — Director's Dealing 2012
Nov 7, 2012
30867_dirs_2012-11-06_ea7a9318-8c84-4143-804a-d3ef8b811873.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: 2012-11-02
Reporting Person: KAPLAN RONALD W (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-11-02 | Common Stock | M | 57921 | $9.14 | Acquired | 187019 | Direct |
| 2012-11-02 | Common Stock | D | 13478 | $39.28 | Disposed | 173541 | Direct |
| 2012-11-02 | Common Stock | F | 18755 | $39.28 | Disposed | 154786 | Direct |
| 2012-11-02 | Common Stock | S | 18067 | $39.00 | Disposed | 136719 | Direct |
| 2012-11-02 | Common Stock | S | 800 | $39.01 | Disposed | 135919 | Direct |
| 2012-11-02 | Common Stock | S | 1150 | $39.02 | Disposed | 134769 | Direct |
| 2012-11-02 | Common Stock | S | 200 | $39.03 | Disposed | 134569 | Direct |
| 2012-11-06 | Common Stock | S | 24588 | $39.45 | Disposed | 109981 | Direct |
| 2012-11-06 | Common Stock | S | 400 | $39.46 | Disposed | 109581 | Direct |
| 2012-11-06 | Common Stock | S | 600 | $39.47 | Disposed | 108981 | Direct |
| 2012-11-06 | Common Stock | S | 100 | $39.48 | Disposed | 108881 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-11-02 | Stock Appreciation Right | $9.14 | M | 57921 | Disposed | 2018-05-07 | Common Stock (57921) | Direct |
Footnotes
F1: 57,921 Stock Appreciation Rights (SARs) are being exercised pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 31, 2012.
F2: 18,755 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 sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the reporting person on July 31, 2012.
F4: The stock appreciation right becomes exerciseable in three equal installments beginning on the first anniversary date of the transaction date.