Simon Meester - 17 Mar 2022 Form 4 Insider Report for TEREX CORP (TEX)

Role
President - Genie
Signature
/s/Scott J. Posner, by power of attorney
Issuer symbol
TEX
Transactions as of
17 Mar 2022
Net transactions value
$0
Form type
4
Filing time
21 Mar 2022, 14:04:09 UTC
Previous filing
15 Mar 2022
Next filing
24 Mar 2022
SEC
View on sec.gov

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Quoteable Key Fact

"Simon Meester filed Form 4 for TEREX CORP (TEX) on 21 Mar 2022."

Quick Takeaways

  • This page summarizes Simon Meester's Form 4 filing for TEREX CORP (TEX).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Filing timestamp: 21 Mar 2022, 14:04.

What Changed

  • Previous filing in this sequence was filed on 15 Mar 2022.
  • Current net transaction value: $0.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Official SEC Source

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEX Common Stock, $.01 par value Award $0 +7,248 +32% $0.000000 30,097 17 Mar 2022 Direct F1
transaction TEX Common Stock, $.01 par value Award $0 +6,730 +22% $0.000000 36,827 17 Mar 2022 Direct F2
transaction TEX Common Stock, $.01 par value Award $0 +6,730 +18% $0.000000 43,557 17 Mar 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares granted pursuant to one of the Company's long-term incentive plans with the award vesting as follows: 1/3 on March 17, 2023; 1/3 on March 17, 2024 and 1/3 on March 17, 2025.
F2 Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2025 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, 2022 - December 31, 2024. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted percentile rank.
F3 Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2025 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2022, 2023 and 2024. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.

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