AI assistant
TEREX CORP — Director's Dealing 2023
Mar 16, 2023
31305_dirs_2023-03-16_32b11801-321f-42ed-8930-f7336c5ed7cc.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TEREX CORP (TEX)
CIK: 0000097216
Period of Report: 2023-03-15
Reporting Person: Hegarty Kieran (President, Materials Processin)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-15 | Common Stock, par value $.01 | A | 8184 | — | Acquired | 198044 | Direct |
| 2023-03-15 | Common Stock, par value $.01 | A | 8184 | — | Acquired | 206228 | Direct |
| 2023-03-15 | Common Stock, par value $.01 | A | 8813 | — | Acquired | 215041 | Direct |
Footnotes
F1: Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2026 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, 2023 - December 31, 2025. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted percentile rank.
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 2026 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2023, 2024 and 2025. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.
F3: Shares granted pursuant to one of the Company's long-term incentive plans with the award vesting as follows: 1/3 on March 15, 2024; 1/3 on March 15, 2025 and 1/3 on March 15, 2026.