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TEREX CORP — Director's Dealing 2017
Mar 6, 2017
31305_dirs_2017-03-06_1404e8a0-d01b-4d5f-8a84-1dfb8045847a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TEREX CORP (TEX)
CIK: 0000097216
Period of Report: 2017-03-02
Reporting Person: FILIPOV STEVE (President, Terex Cranes)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-02 | Common Stock, par value $.01 | A | 20434 | — | Acquired | 154465 | Direct |
| 2017-03-02 | Common Stock, par value $.01 | A | 10217 | — | Acquired | 164682 | Direct |
| 2017-03-02 | Common Stock, par value $.01 | A | 10217 | — | Acquired | 174899 | Direct |
| 2017-03-03 | Common Stock, par value $.01 | F | 4628 | $31.81 | Disposed | 170271 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $.01 | 7449 | Indirect |
Footnotes
F1: Shares granted pursuant to one of the Company's long-term incentive plans with the award vesting as follows: 1/3 on March 2, 2018; 1/3 on March 2, 2019 and 1/3 on March 2, 2020.
F2: Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2020 if the Company achieves a targeted percentile rank against a peer group of companies for three year annualized total shareholder return ("TSR") for the period January 1, 2017 - December 31, 2019. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted percentile rank.
F3: Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2020 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2017, 2018 and 2019. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.
F4: Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock awards.