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TEREX CORP — Director's Dealing 2022
Mar 21, 2022
31305_dirs_2022-03-21_46d5e6c2-af76-4b6e-95a7-5bf2c5b0bd94.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: 2022-03-17
Reporting Person: GARRISON JOHN L JR (Director, CHAIRMAN AND CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-17 | Common Stock, par value $.01 | A | 50515 | — | Acquired | 627871 | Direct |
| 2022-03-17 | Common Stock, par value $.01 | A | 46906 | — | Acquired | 674777 | Direct |
| 2022-03-17 | Common Stock, par value $.01 | A | 46906 | — | Acquired | 721683 | Direct |
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 17, 2023; 1/3 on March 17, 2024 and 1/3 on March 17, 2025.
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 2025 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, 2022 - December 31, 2024. 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 2025 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2022, 2023 and 2024. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.