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TREX CO INC — Director's Dealing 2013
Jun 5, 2013
30867_dirs_2013-06-05_6f7f2536-ec09-437b-80bf-9f42861526d1.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: 2013-06-03
Reporting Person: KAPLAN RONALD W (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-06-03 | Common Stock | M | 18450 | $13.44 | Acquired | 119115 | Direct |
| 2013-06-03 | Common Stock | D | 4551 | $54.49 | Disposed | 114564 | Direct |
| 2013-06-03 | Common Stock | F | 6630 | $54.49 | Disposed | 107934 | Direct |
| 2013-06-03 | Common Stock | S | 3054 | $55.00 | Disposed | 104880 | Direct |
| 2013-06-03 | Common Stock | S | 100 | $55.50 | Disposed | 104780 | Direct |
| 2013-06-03 | Common Stock | S | 300 | $55.51 | Disposed | 104480 | Direct |
| 2013-06-03 | Common Stock | S | 85 | $55.52 | Disposed | 104395 | Direct |
| 2013-06-03 | Common Stock | S | 700 | $56.02 | Disposed | 103695 | Direct |
| 2013-06-03 | Common Stock | S | 100 | $56.03 | Disposed | 103595 | Direct |
| 2013-06-03 | Common Stock | S | 100 | $56.04 | Disposed | 103495 | Direct |
| 2013-06-05 | Common Stock | S | 7269 | $53.50 | Disposed | 96226 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-06-03 | Stock Appreciation Right | $13.44 | M | 18450 | Disposed | 2019-02-18 | Common Stock (18450) | Direct |
Footnotes
F1: 18,450 Stock Appreciation Rights (SARs) are being exercised pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2013.
F2: 6,630 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 20, 2013.
F4: The stock appreciation right becomes exercisable in three equal installments beginning on the first anniversary of the grant date.