Adam Dante Zambanini - 05 Aug 2021 Form 4 Insider Report for TREX CO INC (TREX)

Role
President, Trex Residential Pr
Signature
/s/ William R. Gupp by power of attorney
Issuer symbol
TREX
Transactions as of
05 Aug 2021
Net transactions value
-$1,378,576
Form type
4
Filing time
06 Aug 2021, 14:54:37 UTC
Next filing
12 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREX Common Stock Options Exercise $76,282 +13,920 +8.4% $5.48* 180,551 05 Aug 2021 Direct F1
transaction TREX Common Stock Disposed to Issuer $76,304 -732 -0.41% $104.24 179,819 05 Aug 2021 Direct
transaction TREX Common Stock Tax liability $620,124 -5,949 -3.3% $104.24 173,870 05 Aug 2021 Direct F2
transaction TREX Common Stock Sale $758,430 -7,239 -4.2% $104.77 166,631 06 Aug 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TREX Stock Appreciation Right Options Exercise $0 -13,920 -100% $0.000000* 0 05 Aug 2021 Common Stock 13,920 $5.48 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock Appreciation Rights (SARs) are being exercised pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 17, 2021.
F2 5,949 shares are being surrendered as allowed by the Company's 2014 Stock Incentive Plan to cover the payment of taxes currently due on previously granted restricted shares.
F3 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on May 17, 2021.