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TREX CO INC — Director's Dealing 2013
Nov 14, 2013
30867_dirs_2013-11-14_c4828f02-828e-4fa5-ac92-83fa19f9f4d6.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: 2013-11-12
Reporting Person: Reese F Timothy (Sr. Vice President, Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-11-12 | Common Stock | M | 6175 | $17.41 | Acquired | 48983 | Direct |
| 2013-11-12 | Common Stock | D | 1592 | $67.53 | Disposed | 47391 | Direct |
| 2013-11-12 | Common Stock | F | 2187 | $67.53 | Disposed | 45204 | Direct |
| 2013-11-14 | Common Stock | S | 2396 | $69.30 | Disposed | 42808 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-11-12 | Stock Appreciation Right | $17.41 | M | 6175 | Disposed | 2020-02-17 | Common Stock (6175) | Direct |
Footnotes
F1: 6,175 Stock Appreciation Rights (SARs) are being exercised pursuant to a Rule 10b5-1 SAR Exercise plan adopted by the reporting person on August 7, 2013.
F2: 2,187 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 stock appreciation rights.
F3: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 7, 2013.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.64 to $69.84, inclusive. The reporting person undertakes to provide Trex Company, Inc., any security holder of Trex Company, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote (4) to this Form 4.