Michelle Kasson - Mar 7, 2024 Form 4 Insider Report for AZEK Co Inc. (AZEK)

Role: CIO
Signature: /s/ Morgan Walbridge, as Attorney-in-Fact for Michelle Kasson
Stock symbol: AZEK
Transactions as of: Mar 7, 2024
Transactions value $: -$2,223,152
Form type: 4
Date filed: 3/8/2024, 04:09 PM
Previous filing: Dec 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AZEK	Class A Common Stock	Options Exercise	$2.45M	+106K	+923.64%	$23.00	118K	Mar 7, 2024	Direct
transaction	AZEK	Class A Common Stock	Sale	-$4.67M	-94.4K	-80.04%	$49.47	23.5K	Mar 7, 2024	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	-106K	-41.44%	$0.00	150K	Mar 7, 2024	Class A Common Stock	106K	$23.00	Direct	F2

* 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 $49.33 to $49.62, 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	These non-qualified stock options were granted on June 16, 2020 and vest in four equal annual installments, subject to continued service through the applicable vesting date. Date exercisable is June 16 of the applicable year for each vesting tranche.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.33 to $49.62, 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.

These non-qualified stock options were granted on June 16, 2020 and vest in four equal annual installments, subject to continued service through the applicable vesting date. Date exercisable is June 16 of the applicable year for each vesting tranche.