JOHN D. SHEEHAN - 03 Mar 2022 Form 4 Insider Report for TEREX CORP (TEX)

Role
Former CFO
Signature
/s/Scott J. Posner, power of attorney
Issuer symbol
TEX
Transactions as of
03 Mar 2022
Net transactions value
-$53,894
Form type
4
Filing time
07 Mar 2022, 14:48:26 UTC
Previous filing
02 Mar 2022
Next filing
15 Mar 2022
SEC
View on sec.gov

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 -2,028 -1.2% $0.000000 170,693 03 Mar 2022 Direct F1
transaction TEX Common Stock, par value $.01 Award $0 +20,797 +12% $0.000000 191,490 03 Mar 2022 Direct F2
transaction TEX Common Stock, par value $.01 Tax liability $53,894 -1,336 -0.7% $40.34 190,154 04 Mar 2022 Direct F3
holding TEX Common Stock, par value $.01 67 03 Mar 2022 Family Trust
holding TEX Common Stock, par value $.01 4,152 03 Mar 2022 401(k) plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

JOHN D. SHEEHAN is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Reflects shares of restricted stock forfeited by Mr. Sheehan 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.