SEC Form 4 · accession 0000097216-19-000100
TEREX CORP · TEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin A Barr
Officer — Senior V. P. Human Resources
Period of report
Mar 12, 2019
Accepted (ET)
Mar 14, 2019 · 2:07 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 12, 2019 | A | 10,395 | $0.00 | A | 88,460 | D | |
| Common Stock, par value $.01F2 | Mar 12, 2019 | A | 9,653 | $0.00 | A | 98,113 | D | |
| Common Stock, par value $.01F3 | Mar 12, 2019 | A | 9,653 | $0.00 | A | 107,766 | D | |
| Common Stock, par value $.01 | holding | — | — | — | 1,986 | 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 12, 2020; 1/3 on March 12, 2021 and 1/3 on March 12, 2022.
- F2Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2022 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, 2019 - December 31, 2021. 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 2022 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2019, 2020 and 2021. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.