Amy M. Fernandez - 19 Feb 2024 Form 4 Insider Report for TREX CO INC (TREX)

Role
SVP, CLO and Secretary
Signature
/s/ Amy M. Fernandez
Issuer symbol
TREX
Transactions as of
19 Feb 2024
Net transactions value
+$909,327
Form type
4
Filing time
20 Feb 2024, 10:25:15 UTC
Previous filing
28 Jul 2023
Next filing
04 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREX Common Stock Award $275,760 +3,035 +24% $90.86 15,516 19 Feb 2024 Direct F1
transaction TREX Common Stock Award $393,969 +4,336 +28% $90.86 19,852 19 Feb 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 $239,598 +2,637 +51% $90.86 7,777 19 Feb 2024 Common Stock 2,637 $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.