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TREX CO INC — Director's Dealing 2014
Jul 9, 2014
30867_dirs_2014-07-09_e57af733-5840-4630-8085-960d7a4d70a2.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: 2014-07-07
Reporting Person: MERLOTTI FRANK H JR (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-07-07 | Common Stock | M | 692 | $12.35 | Acquired | 5490 | Direct |
| 2014-07-07 | Common Stock | M | 1334 | $12.085 | Acquired | 6824 | Direct |
| 2014-07-07 | Common Stock | M | 2446 | $9.025 | Acquired | 9270 | Direct |
| 2014-07-07 | Common Stock | D | 1584 | $29.54 | Disposed | 7686 | Direct |
| 2014-07-08 | Common Stock | S | 1190 | $29.3101 | Disposed | 6496 | Direct |
| 2014-07-08 | Common Stock | S | 100 | $28.41 | Disposed | 6396 | Direct |
| 2014-07-08 | Common Stock | S | 100 | $28.4125 | Disposed | 6296 | Direct |
| 2014-07-08 | Common Stock | S | 398 | $28.49 | Disposed | 5898 | Direct |
| 2014-07-08 | Common Stock | S | 200 | $28.51 | Disposed | 5698 | Direct |
| 2014-07-08 | Common Stock | S | 34 | $28.555 | Disposed | 5664 | Direct |
| 2014-07-08 | Common Stock | S | 66 | $28.66 | Disposed | 5598 | Direct |
| 2014-07-08 | Common Stock | S | 100 | $28.79 | Disposed | 5498 | Direct |
| 2014-07-08 | Common Stock | S | 100 | $28.80 | Disposed | 5398 | Direct |
| 2014-07-08 | Common Stock | S | 100 | $28.92 | Disposed | 5298 | Direct |
| 2014-07-08 | Common Stock | S | 100 | $28.94 | Disposed | 5198 | Direct |
| 2014-07-08 | Common Stock | S | 100 | $29.00 | Disposed | 5098 | Direct |
| 2014-07-08 | Common Stock | S | 100 | $29.0025 | Disposed | 4998 | Direct |
| 2014-07-08 | Common Stock | S | 3 | $29.06 | Disposed | 4995 | Direct |
| 2014-07-08 | Common Stock | S | 97 | $29.065 | Disposed | 4898 | Direct |
| 2014-07-08 | Common Stock | S | 100 | $29.09 | Disposed | 4798 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-07-07 | Stock Appreciation Right | $12.35 | M | 692 | Disposed | 2016-07-20 | Common Stock (692) | Direct |
| 2014-07-07 | Stock Appreciation Right | $12.085 | M | 1334 | Disposed | 2016-02-08 | Common Stock (1334) | Direct |
| 2014-07-07 | Stock Appreciation Right | $9.025 | M | 2446 | Disposed | 2017-07-18 | Common Stock (2446) | Direct |
Footnotes
F1: Stock Appreciation Rights (SARs) are being exercised pursuant to a Rule 10b5-1 Exercise plan adopted by the reporting person on February 25, 2014.
F2: On May 7, 2014, the Company effectuated a two-for-one stock split to common shareholders of record on April 7, 2014. The amounts set forth in this Form 4 and all subsequent reports filed report the amounts adjusted to reflect the stock split.
F3: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Sales plan adopted by the reporting person on February 25, 2014.
F4: The stock appreciation right becomes exerciseable on the one-year anniversary of this grant.