TREX CO INC 4
4 · TREX CO INC · Filed Aug 16, 2007
Insider Transaction Report
Form 4
TREX CO INCTWP
CAVANNA ANTHONY J
Director
Transactions
- Disposition to Issuer
Stock Appreciation Right
2007-08-14−34,153→ 0 totalExercise: $25.37Exp: 2017-02-21→ Common Stock (34,153 underlying) - Disposition to Issuer
Stock Appreciation Right
2007-08-14−68,666→ 0 totalExercise: $24.17Exp: 2016-02-08→ Common Stock (68,666 underlying) - Award
Stock Appreciation Right
2007-08-14+34,153→ 34,153 totalExercise: $25.37Exp: 2017-02-21→ Common Stock (34,153 underlying) - Award
Stock Appreciation Right
2007-08-14+68,666→ 68,666 totalExercise: $24.17Exp: 2016-02-08→ Common Stock (68,666 underlying)
Footnotes (1)
- [F1]The reported transactions involved an amendment of outstanding stock appreciation rights ("SARs"), resulting in the deemed cancellation of the "old" SARs and the grant of replacement SARs. The SARs originally granted on February 8, 2006 and February 21, 2007 provided that the SARs become exercisable in three equal installments beginning on the first anniversary date of the transaction date and unvested SARs are cancelled upon retirement. The replacement SARs maintain the original vesting schedule and unvested SARs are not cancelled upon retirement.