SEC Form 4 · accession 0000097216-17-000077

TEREX CORP · TEX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO AND PRESIDENT

Period of report

Mar 2, 2017

Accepted (ET)

Mar 6, 2017 · 4:56 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
Common Stock, par value $.01^F1	Mar 2, 2017	A	77,020	$0.00	A	467,936	D
Common Stock, par value $.01^F2	Mar 2, 2017	A	71,518	$0.00	A	539,454	D
Common Stock, par value $.01^F3	Mar 2, 2017	A	71,518	$0.00	A	610,972	D
Common Stock, par value $.01^F4	Mar 3, 2017	F	8,787	$31.81	D	602,185	D

No Table II lines on this filing.

F1Shares granted pursuant to one of the Company's long-term incentive plans with the award vesting as follows: 1/3 on March 2, 2018; 1/3 on March 2, 2019 and 1/3 on March 2, 2020.
F2Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2020 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, 2017 - December 31, 2019. 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 2020 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2017, 2018 and 2019. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.
F4Shares are being withheld for payment of the tax liability associated with the scheduled vesting of a previously granted restricted stock award.