Zambanini Adam Dante 4
4 · TREX CO INC · Filed Feb 20, 2024
Insider Transaction Report
Form 4
TREX CO INCTREX
Zambanini Adam Dante
EVP, Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2024-02-17$90.86/sh−371$33,709→ 180,286 total - Award
Common Stock
2024-02-19$90.86/sh+5,404$491,007→ 185,690 total - Award
Common Stock
2024-02-19$90.86/sh+7,721$701,530→ 193,411 total - Award
Stock Appreciation Right
2024-02-19$90.86/sh+4,694$426,497→ 34,542 totalExercise: $90.86From: 2025-03-01Exp: 2034-02-19→ Common Stock (4,694 underlying)
Footnotes (4)
- [F1]371 shares are being surrendered as allowed by the Company's 2023 Stock Incentive Plan to cover payment of taxes currently due on previously granted restricted stock units.
- [F2]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.
- [F3]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.
- [F4]The stock appreciation right becomes exercisable in three equal installments occurring March 1, 2025, March 1, 2026 and March 1, 2027.