William R. Gupp - Nov 10, 2021 Form 4 Insider Report for TREX CO INC (TREX)

Signature
/s/ William R. Gupp by power of attorney
Stock symbol
TREX
Transactions as of
Nov 10, 2021
Transactions value $
-$1,056,013
Form type
4
Date filed
11/12/2021, 09:16 AM
Previous filing
May 13, 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 Sale -$282K -2.15K -2.08% $131.00 101K Nov 10, 2021 Direct F1
transaction TREX Common Stock Options Exercise $72.8K +6.64K +6.55% $10.97* 108K Nov 10, 2021 Direct F2
transaction TREX Common Stock Disposed to Issuer -$36.4K -286 -0.26% $127.26 108K Nov 10, 2021 Direct
transaction TREX Common Stock Tax liability -$365K -2.87K -2.66% $127.26 105K Nov 10, 2021 Direct F3
transaction TREX Common Stock Sale -$446K -3.49K -3.33% $127.89 101K Nov 11, 2021 Direct F4

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 -6.64K -100% $0.00* 0 Nov 10, 2021 Common Stock 6.64K $10.97 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Stock Appreciation Rights (SARs) are being exercised pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 17, 2021.
F3 2,866 shares are being surrendered as allowed by the Company's 2014 Stock Incentive Plan to cover payment of taxes currently due on previously granted restricted shares.
F4 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.