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TREX CO INC — Director's Dealing 2013
Apr 3, 2013
30867_dirs_2013-04-03_d5066468-105d-4875-ad8a-3d503f6e31b4.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: 2013-04-01
Reporting Person: KAPLAN RONALD W (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-04-01 | Common Stock | M | 16000 | $9.14 | Acquired | 125543 | Direct |
| 2013-04-01 | Common Stock | D | 3045 | $48.02 | Disposed | 122498 | Direct |
| 2013-04-01 | Common Stock | F | 6180 | $48.02 | Disposed | 116318 | Direct |
| 2013-04-01 | Common Stock | S | 439 | $49.00 | Disposed | 115879 | Direct |
| 2013-04-01 | Common Stock | S | 400 | $49.08 | Disposed | 115479 | Direct |
| 2013-04-01 | Common Stock | S | 200 | $49.09 | Disposed | 115279 | Direct |
| 2013-04-01 | Common Stock | S | 100 | $49.11 | Disposed | 115179 | Direct |
| 2013-04-01 | Common Stock | S | 2000 | $49.12 | Disposed | 113179 | Direct |
| 2013-04-01 | Common Stock | S | 100 | $49.14 | Disposed | 113079 | Direct |
| 2013-04-01 | Common Stock | S | 1000 | $49.15 | Disposed | 112079 | Direct |
| 2013-04-01 | Common Stock | S | 100 | $49.18 | Disposed | 111979 | Direct |
| 2013-04-01 | Common Stock | S | 100 | $49.19 | Disposed | 111879 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-04-01 | Stock Appreciation Right | $9.14 | M | 16000 | Disposed | 2018-05-07 | Common Stock (16000) | Direct |
Footnotes
F1: 16,000 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: 6,180 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 exerciseable in three equal installments beginning on the first anniversary date of the transaction date.