Adam Dante Zambanini - Nov 10, 2021 Form 4 Insider Report for TREX CO INC (TREX)

Role
President, Trex Residential Pr
Signature
/s/ William R. Gupp by power of attorney
Stock symbol
TREX
Transactions as of
Nov 10, 2021
Transactions value $
-$477,786
Form type
4
Date filed
11/12/2021, 08:52 AM
Previous filing
Aug 6, 2021
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREX Common Stock Options Exercise $76.1K +4.34K +2.61% $17.52* 171K Nov 10, 2021 Direct F1
transaction TREX Common Stock Disposed to Issuer -$76.1K -598 -0.35% $127.26 170K Nov 10, 2021 Direct
transaction TREX Common Stock Tax liability -$215K -1.69K -0.99% $127.26 169K Nov 10, 2021 Direct F2
transaction TREX Common Stock Sale -$263K -2.06K -1.22% $127.89 167K Nov 11, 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 -4.34K -100% $0.00* 0 Nov 10, 2021 Common Stock 4.34K $17.52 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 1,689 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.