William R. Gupp - 31 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
31 Jan 2023
Net transactions value
-$49,264
Form type
4
Filing time
02 Feb 2023, 13:54:39 UTC
Previous filing
20 Jan 2023
Next filing
10 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREX Common Stock Options Exercise $12,155 +2,214 +2.1% $5.49* 109,306 31 Jan 2023 Direct F1
transaction TREX Common Stock Disposed to Issuer $12,178 -231 -0.21% $52.72 109,075 31 Jan 2023 Direct
transaction TREX Common Stock Tax liability $49,240 -934 -0.86% $52.72 108,141 31 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 -2,214 -50% $0.000000 2,213 31 Jan 2023 Common Stock 2,214 $5.49 Direct F1
* 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 934 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.