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TEREX CORP Director's Dealing 2020

Feb 28, 2020

31305_dirs_2020-02-28_ac78a618-a5d9-4301-a884-eb5694e42572.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: 2020-02-26

Reporting Person: SHEEHAN JOHN D (Senior Vice President, CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-26 Common Stock, par value $.01 A 30186 Acquired 257999 Direct
2020-02-26 Common Stock, par value $.01 A 28030 Acquired 286029 Direct
2020-02-26 Common Stock, par value $.01 A 28030 Acquired 314059 Direct
2020-02-27 Common Stock, par value $.01 D 17385 Disposed 296674 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, par value $.01 67 Indirect
Common Stock, par value $.01 3385 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 February 26, 2021; 1/3 on February 26, 2022 and 1/3 on February 26, 2023.

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 2023 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, 2020 - December 31, 2022. 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 2023 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2020, 2021 and 2022. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.

F4: Reflects shares of restricted stock forfeited by Mr. Sheehan pursuant to the terms of performance awards granted in 2017, 2018 and 2019.