SEC Form 4 · accession 0000097216-15-000055
TEREX CORP · TEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald M Defeo
Officer — Chairman & CEO · Director
Period of report
Mar 5, 2015
Accepted (ET)
Mar 9, 2015 · 6:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000097216
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01F1 | Mar 5, 2015 | P | 44 | $26.22 | A | 1,486,227 | D | |
| Common Stock, par value $.01F2 | Mar 5, 2015 | A | 39,543 | $0.00 | A | 1,525,770 | D | |
| Common Stock, par value $.01F3 | Mar 5, 2015 | A | 39,543 | $0.00 | A | 1,565,313 | D | |
| Common Stock, par value $.01 | holding | — | — | — | 9,783 | I | 401(k) plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares purchased through payroll deductions through the Company's Employee Stock Purchase Plan.
- F2Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2017 if the Company achieves a targeted percentile rank against a peer group of companies for two year annualized total shareholder return ("TSR") for the period January 1, 2015 - December 31, 2016. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted percentile rank.
- F3Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2016 if the Company achieves a targeted return on invested capital ("ROIC") in 2015. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.