Jacob T. Rudolph - Feb 21, 2024 Form 3 Insider Report for TREX CO INC (TREX)

Role
SVP, CHRO
Signature
/s/ Amy M. Fernandez by power of attorney
Stock symbol
TREX
Transactions as of
Feb 21, 2024
Transactions value $
$0
Form type
3
Date filed
3/1/2024, 06:12 PM
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TREX Common Stock 43.4K Feb 21, 2024 Direct F1

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
holding TREX Stock Appreciation Right Feb 21, 2024 Common Stock 4.08K $17.52 Direct F2
holding TREX Stock Appreciation Right Feb 21, 2024 Common Stock 2.66K $28.11 Direct F3
holding TREX Stock Appreciation Right Feb 21, 2024 Common Stock 2.54K $38.85 Direct F4
holding TREX Stock Appreciation Right Feb 21, 2024 Common Stock 2.23K $50.83 Direct F5
holding TREX Stock Appreciation Right Feb 21, 2024 Common Stock 832 $104.56 Direct F6
holding TREX Stock Appreciation Right Feb 21, 2024 Common Stock 1.68K $82.01 Direct F7
holding TREX Stock Appreciation Right Feb 21, 2024 Common Stock 2.35K $56.80 Direct F8
holding TREX Stock Appreciation Right Feb 21, 2024 Common Stock 1.58K $90.86 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,415 time-based restricted stock units that vest March 1, 2024; 2,023 time-based restricted stock units that vest March 1, 2025; 1,482 time-based restricted stock units that vest March 1, 2026; 607 time-based restricted stock units that vest March 1, 2027; a target number of 2,021 performance-based restricted stock units that vest on March 1, 2024; a target number of 2,889 performance-based restricted stock units that vest on March 1, 2025; a target number of 2,118 performance-based restricted stock units that vest on March 1, 2026; and a target number of 867 performance-based restricted stock units that vest on March 1, 2027. The number of performance-based restricted stock units set forth above is the target number of shares. The number of shares that will actually vest 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.
F2 This stock appreciation right became exercisable in three equal installments that occurred on February 15, 2018, February 15, 2019 and February 15, 2020.
F3 This stock appreciation right became exercisable in three equal installments that occurred on February 14, 2019, February 14, 2020 and February 14, 2021.
F4 This stock appreciation right became exercisable in three equal installments that occurred on February 13, 2020, February 13, 2021 and February 13, 2022.
F5 This stock appreciation right became exercisable in three equal installments that occurred on February 19, 2021, February 19, 2022 and February 19, 2023.
F6 This stock appreciation right became exercisable in three equal installments that occurred on February 17, 2022, February 17, 2023 and February 17, 2024.
F7 This stock appreciation right became exercisable in three equal installments, the first installment became exercisable on March 1, 2023, the second installment becomes exercisable on March 1, 2024 and the third installment will become exercisable on March 1, 2025.
F8 This stock appreciation right becomes exercisable in three equal installments occurring on March 1, 2024, March 1, 2025 and March 1, 2026.
F9 This stock appreciation right becomes exercisable in three equal installments occurring March 1, 2025, March 1, 2026 and March 1, 2027.