MERLOTTI FRANK H JR 4
4 · TREX CO INC · Filed Aug 16, 2018
Insider Transaction Report
Form 4
TREX CO INCTREX
MERLOTTI FRANK H JR
Director
Transactions
- Sale
Common Stock
2018-08-16$77.39/sh−3,051$236,125→ 20,966 total - Disposition to Issuer
Common Stock
2018-08-15$77.42/sh−225$17,420→ 24,017 total - Exercise/Conversion
Stock Appreciation Right
2018-08-15−3,276→ 3,276 totalExercise: $5.30From: 2010-07-20Exp: 2020-07-20→ Common Stock (3,276 underlying) - Exercise/Conversion
Common Stock
2018-08-15$5.30/sh+3,276$17,355→ 24,242 total
Footnotes (3)
- [F1]Stock Appreciation Rights (SARs) are being exercised pursuant to a Rule 10b5-1 Exercise plan adopted by the reporting person on February 23, 2018.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Sales plan adopted by the reporting person on February 23, 2018.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.00 to $77.59, inclusive. The reporting person undertakes to provide Trex Company, Inc., any security holder of Trex Company, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote (3) to this Form 4.