TEREX CORP — Director's Dealing 2006

Nov 3, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEREX CORP (TEX)
CIK: 0000097216
Period of Report: 2006-11-01

Reporting Person: BARR KEVIN A (Senior V. P. Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-01	Common Stock, par value $.01	A	10121	—	Acquired	61142	Direct
2006-11-01	Common Stock, par value $.01	A	12422	—	Acquired	73564	Direct
2006-11-01	Common Stock, par value $.01	I	0	—	Acquired	1976	Indirect

Footnotes

F1: Shares granted pursuant to one of the Company's long-term incentive plans with the awards vesting as follows: 25% on September 1, 2007; 25% on September 1, 2008; 25% on September 1, 2009; and 25% on September 1, 2010.

F2: Represent shares beneficially owned as of November 1, 2006.

F3: Shares granted pursuant to one of the Company's long-term incentive plans with the award vesting if the Company achieves a targeted percentage Return on Invested Capital ("ROIC") for the five consecutive calendar quarter period ending December 31, 2007. If this target is achieved, 25% of this grant will vest as soon as practicable after the 2007 Terex financial statements are completed and filed, and 25% will vest on each of December 31, 2008, December 31, 2009, and December 31, 2010. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted percentage ROIC measurement.