William R. Gupp - 18 Jan 2023 Form 4 Insider Report for TREX CO INC (TREX)

Signature
/s/ William R. Gupp by power of attorney
Issuer symbol
TREX
Transactions as of
18 Jan 2023
Net transactions value
-$50,490
Form type
4
Filing time
20 Jan 2023, 10:38:08 UTC
Previous filing
25 Feb 2022
Next filing
02 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREX Common Stock Options Exercise $12,149 +2,213 +2.1% $5.49* 108,327 18 Jan 2023 Direct F1
transaction TREX Common Stock Disposed to Issuer $12,122 -239 -0.22% $50.72 108,088 18 Jan 2023 Direct
transaction TREX Common Stock Tax liability $50,517 -996 -0.92% $50.72 107,092 18 Jan 2023 Direct F2

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 -2,213 -33% $0.000000 4,427 18 Jan 2023 Common Stock 2,213 $5.49 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 in accordance with the 2005 Stock Incentive Plan.
F2 996 shares are being surrendered as allowed by the Company's 2005 Stock Incentive Plan to cover payment of taxes currently due on previously granted restricted shares.