MERLOTTI FRANK H JR 4
4 · TREX CO INC · Filed May 17, 2018
Insider Transaction Report
Form 4
TREX CO INCTREX
MERLOTTI FRANK H JR
Director
Transactions
- Disposition to Issuer
Common Stock
2018-05-16$111.23/sh−157$17,463→ 11,517 total - Sale
Common Stock
2018-05-17$111.50/sh−1,481$165,125→ 10,036 total - Exercise/Conversion
Stock Appreciation Right
2018-05-16−1,638→ 3,276 totalExercise: $10.60From: 2010-07-20Exp: 2020-07-20→ Common Stock (1,638 underlying) - Exercise/Conversion
Common Stock
2018-05-16$10.60/sh+1,638$17,355→ 11,674 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 ranging from $111.23 to $111.85, 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.