John L. Garrison Jr - Mar 3, 2022 Form 4 Insider Report for TEREX CORP (TEX)

Role
CHAIRMAN AND CEO, Director
Signature
/s/Scott J. Posner, by power of attorney
Stock symbol
TEX
Transactions as of
Mar 3, 2022
Transactions value $
-$259,830
Form type
4
Date filed
3/7/2022, 02:46 PM
Previous filing
Mar 2, 2022
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEX Common Stock, par value $.01 Disposed to Issuer $0 -6.24K -1.07% $0.00 575K Mar 3, 2022 Direct F1
transaction TEX Common Stock, par value $.01 Award $0 +62.7K +10.91% $0.00 637K Mar 3, 2022 Direct F2
transaction TEX Common Stock, par value $.01 Tax liability -$260K -6.44K -1.01% $40.34 631K Mar 4, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of restricted stock forfeited by Mr. Garrison pursuant to the terms of a performance award granted in 2019.
F2 Performance shares awarded pursuant to the terms of performance based awards granted in 2019, 2020 and 2021 resulting from the Company's exceeding performance targets set out in such grant for the period ended December 31, 2021.
F3 Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock awards.