SEC Form 4 · accession 0000097216-16-000279
TEREX CORP · TEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steve Filipov
Officer — President, Terex MHPS
Period of report
Mar 3, 2016
Accepted (ET)
Mar 7, 2016 · 5:53 pm EST
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 3, 2016 | A | 23,944 | $0.00 | A | 142,363 | D | |
| Common Stock, par value $.01F2 | Mar 3, 2016 | A | 23,944 | $0.00 | A | 166,307 | D | |
| Common Stock, par value $.01 | holding | — | — | — | 6,931 | I | 401(k) plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares granted pursuant to one of the Company's long-term incentive plans with the award vesting as follows: 1/3 on March 3, 2017; 1/3 on March 3, 2018 and 1/3 on March 3, 2019.
- F2Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2019 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, 2016 - December 31, 2018. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted percentile rank.