SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Posey Richard E

(Last) (First) (Middle)
C/O TREX COMPANY, INC.
160 EXETER DRIVE

(Street)
WINCHESTER VA 22603-8605

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TREX CO INC [ TREX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/02/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/02/2016 M(1) 4,914 A $10.595 18,438 D
Common Stock 08/02/2016 M(1) 466 A $9.765 18,904 D
Common Stock 08/02/2016 M(1) 454 A $12.625 19,358 D
Common Stock 08/02/2016 M(1) 290 A $16.665 19,648 D
Common Stock 08/02/2016 M(1) 410 A $12 20,058 D
Common Stock 08/02/2016 D 1,268 D $56.95 18,790 D
Common Stock 08/03/2016 S(2) 3,999 D $54.8309(3) 14,791 D
Common Stock 08/03/2016 S(2) 386 D $55.449 14,405 D
Common Stock 08/03/2016 S(2) 353 D $55.4775 14,052 D
Common Stock 08/03/2016 S(2) 205 D $55.5155 13,847 D
Common Stock 08/03/2016 S(2) 323 D $55.506 13,524 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $10.595 08/02/2016 M(1) 4,914 07/20/2010 07/20/2020 Common Stock 4,914 $0 0 D
Stock Appreciation Right $9.765 08/02/2016 M(1) 466 10/01/2010 10/01/2020 Common Stock 466 $0 0 D
Stock Appreciation Right $12.625 08/02/2016 M(1) 454 01/03/2011 01/03/2021 Common Stock 454 $0 0 D
Stock Appreciation Right $16.665 08/02/2016 M(1) 290 04/01/2011 04/01/2021 Common Stock 290 $0 0 D
Stock Appreciation Right $12 08/02/2016 M(1) 410 07/01/2011 07/01/2021 Common Stock 410 $0 0 D
Explanation of Responses:
1. Stock Appreciation Rights (SARs) are being exercised pursuant to a Rule 10b5-1 SAR Exercise plan adopted by the reporting person on May 24, 2016.
2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on May 24, 2016.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $53.94 to $55.41, 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.
/s/ William R. Gupp by power of attorney 08/03/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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