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TREX CO INC — Director's Dealing 2012
Nov 5, 2012
30867_dirs_2012-11-05_9b326f81-dbc3-4f8a-b614-69019dc3930d.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: 2012-11-01
Reporting Person: Reese F Timothy (Vice President, Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-11-01 | Common Stock | M | 2930 | $9.14 | Acquired | 48645 | Direct |
| 2012-11-01 | Common Stock | D | 718 | $37.28 | Disposed | 47927 | Direct |
| 2012-11-01 | Common Stock | F | 934 | $37.28 | Disposed | 46993 | Direct |
| 2012-11-05 | Common Stock | S | 1278 | $38.54 | Disposed | 45715 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-11-01 | Stock Appreciation Right | $9.14 | M | 2930 | Disposed | 2018-05-07 | Common Stock (2930) | Direct |
Footnotes
F1: 2,930 Stock Appreciation Rights (SARs) are being exercised pursuant to a Rule 10b5-1 SAR Exercise plan adopted by the reporting person on July 31, 2012.
F2: 934 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 a 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.