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TREX CO INC — Director's Dealing 2020
Apr 22, 2020
30867_dirs_2020-04-22_094cf7b8-6783-4f74-a800-d21b0488ff1d.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: TREX CO INC (TREX)
CIK: 0001069878
Period of Report: 2020-04-20
Reporting Person: Schemm Dennis Charles (VP and Chief Financial Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2332 | Direct |
| Common Stock | 1633 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $85.75 | 2030-02-19 | Common Stock (1851) | Direct |
Footnotes
F1: This grant was made on April 20, 2020. This restricted stock unit award is performance-based and vests over a three-year period in three equal installments beginning on the first regularly scheduled Compensation Committee meeting in 2021. The number of shares set forth above is the target number of shares. The number of shares that will actually vest each year will be based upon performance against certain financial goals for the Company, and will range from 0% to 200% of the target number of shares.
F2: This grant was made on April 20, 2020. This restricted stock unit vests over a three-year period in three equal annual installments beginning February 19, 2021.
F3: This grant was made on April 20, 2020. The stock appreciation right becomes exercisable in three equal installments beginning February 19, 2021.