Brenda Lovcik - Feb 19, 2024 Form 4 Insider Report for TREX CO INC (TREX)

Role
SVP, Chief Financial Officer
Signature
/s/ Amy M. Fernandez by power of attorney
Stock symbol
TREX
Transactions as of
Feb 19, 2024
Transactions value $
$1,277,492
Form type
4
Date filed
2/20/2024, 10:16 AM
Previous filing
Oct 24, 2023
Next filing
Oct 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREX Common Stock Award $387K +4.26K +79.05% $90.86 9.66K Feb 19, 2024 Direct F1
transaction TREX Common Stock Award $554K +6.09K +63.08% $90.86 15.8K Feb 19, 2024 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 Award $337K +3.7K $90.86 3.7K Feb 19, 2024 Common Stock 3.7K $90.86 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This restricted stock unit vests over a three-year period in three equal annual installments occurring March 1, 2025, March 1, 2026 and March 1, 2027.
F2 This restricted stock unit award is performance-based, and vests over a three-year period in three equal installments occurring March 1, 2025, March 1, 2026 and March 1, 2027. The number of shares set forth above is the target number of shares. The number of shares that will actually vest each year will be based upon performance against certain financial goals for the Company, and will range from 0% to 200% of the target number of shares.
F3 The stock appreciation right becomes exercisable in three equal installments occurring March 1, 2025, March 1, 2026 and March 1, 2027.