Jonathan Skelly - Aug 11, 2023 Form 4 Insider Report for AZEK Co Inc. (AZEK)

Role
Pres. Residential Segment
Signature
/s/ Morgan Walbridge, as Attorney-in-Fact for Jonathan Skelly
Stock symbol
AZEK
Transactions as of
Aug 11, 2023
Transactions value $
-$713,900
Form type
4
Date filed
8/14/2023, 05:25 PM
Previous filing
Jul 3, 2023
Next filing
Nov 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZEK Class A Common Stock Options Exercise $460K +20K +9.69% $23.00 226K Aug 11, 2023 Direct
transaction AZEK Class A Common Stock Sale -$1.17M -35K -15.46% $33.54 191K Aug 11, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AZEK Nonqualified stock option (right to buy) Options Exercise $0 -20K -9.81% $0.00 184K Aug 11, 2023 Class A Common Stock 20K $23.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.48 to $33.64, inclusive. The reporting person undertakes to provide to AZEK, any security holder of AZEK, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 15,217 of these stock options became exercisable on June 12, 2020 and 4,783 of these stock options became exercisable on January 2, 2021.
F3 Includes (i) 157,000 vested options and (ii) 23,424 options that will vest on June 16, 2024 and 3,405 options that will vest on August 7, 2024, in each case subject to continued service through the applicable vesting date.