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TREX CO INC — Director's Dealing 2012
Jul 5, 2012
30867_dirs_2012-07-05_6322e97f-8b05-49d8-a013-1a5c7d42f3cf.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: 2012-07-02
Reporting Person: Reese F Timothy (Vice President, Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-07-02 | Common Stock | M | 3037 | $8.20 | Acquired | 31416 | Direct |
| 2012-07-02 | Common Stock | D | 802 | $31.07 | Disposed | 30614 | Direct |
| 2012-07-02 | Common Stock | F | 943 | $31.07 | Disposed | 29671 | Direct |
| 2012-07-05 | Common Stock | S | 1292 | $30.67 | Disposed | 28379 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-07-02 | Stock Appreciation Right | $8.20 | M | 3037 | Disposed | 2018-02-05 | Common Stock (3037) | Direct |
Footnotes
F1: 3,037 Stock Appreciation Rights (SARs) are being exercised pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2012.
F2: 943 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 February 28, 2012.
F4: The stock appreciation right becomes exerciseable in three equal installments beginning on the first anniversary date of the transaction date.