4//SEC Filing
Schemm Dennis Charles 4
Accession 0001127602-23-005464
CIK 0001069878other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 10:46 AM ET
Size
12.1 KB
Accession
0001127602-23-005464
Insider Transaction Report
Form 4
TREX CO INCTREX
Schemm Dennis Charles
VP and Chief Financial Officer
Transactions
- Award
Common Stock
2023-02-14$56.80/sh+8,680$493,024→ 32,111 total - Tax Payment
Common Stock
2023-02-14$56.80/sh−1,890$107,352→ 31,715 total - Award
Common Stock
2023-02-14$56.80/sh+6,076$345,117→ 23,431 total - Award
Common Stock
2023-02-14$56.80/sh+1,494$84,859→ 33,605 total - Award
Stock Appreciation Right
2023-02-14$56.80/sh+5,439$308,935→ 5,439 totalExercise: $56.80From: 2024-03-01Exp: 2033-02-14→ Common Stock (5,439 underlying)
Footnotes (6)
- [F1]This restricted stock unit vests over a three-year period in three equal annual installments occurring March 1,2024, March 1, 2025 and March 1, 2026.
- [F2]Includes 189 shares acquired under the Company ESPP in March 2022
- [F3]This restricted stock unit award is performance-based, and vests over a three-year period in three equal installments occurring March 1,2024, March 1, 2025 and March 1, 2026. 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]Represents net share difference between target performance-based shares and actual vested shares, based upon actual performance for the Company.
- [F5]1,890 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.
- [F6]The stock appreciation right becomes exercisable in three equal installments occurring March 1,2024, March 1, 2025 and March 1, 2026.
Documents
Issuer
TREX CO INC
CIK 0001069878
Entity typeother
Related Parties
1- filerCIK 0001641860
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 10:46 AM ET
- Size
- 12.1 KB