Gerhard Christopher Paul 4
4 · TREX CO INC · Filed Feb 24, 2020
Insider Transaction Report
Form 4
TREX CO INCTREX
Gerhard Christopher Paul
Vice President, Sales
Transactions
- Award
Common Stock
2020-02-19$101.66/sh+1,391$141,409→ 26,156 total - Tax Payment
Common Stock
2020-02-19$101.66/sh−2,060$209,420→ 24,096 total - Award
Common Stock
2020-02-19$101.66/sh+1,952$198,440→ 27,414 total - Award
Common Stock
2020-02-19$101.66/sh+1,366$138,868→ 25,462 total - Award
Stock Appreciation Right
2020-02-19$101.66/sh+1,670$169,772→ 1,670 totalExercise: $101.66From: 2020-02-19Exp: 2030-02-19→ Common Stock (1,670 underlying)
Footnotes (5)
- [F1]Represents net share difference between target performance-based shares and actual vested shares, based upon actual performance for the Company.
- [F2]2,060 shares are being surrendered as allowed by the Company's 2014 Stock Incentive Plan to cover payment of taxes currently due on previously granted restricted stock units.
- [F3]This restricted stock unit vests over a three-year period in three equal annual installments beginning on the first anniversary of the grant date.
- [F4]This restricted stock unit award is performance-based and vests over a three-year period in three equal installments beginning on the first anniversary of the grant date. 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.
- [F5]This stock appreciation right becomes exercisable in three equal installments beginning on the first anniversary of the grant date.