Form 4 for TEX TEREX CORP

Accepted 2022-03-21 00:00:00 ET · period of report 2022-03-17 · accession 0000097216-22-000072 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2022-03-21	2022-03-17	TEX	MEESTER SIMON	Pres - Genie	A - Grant	$0.00	+20.7K	43.6K	+91%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, $.01 par value	2022-03-17	A	A	6,730	$0.00	36,827	D	—	—	(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.
2	Common	Common Stock, $.01 par value	2022-03-17	A	A	7,248	$0.00	30,097	D	—	—	(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.
3	Common	Common Stock, $.01 par value	2022-03-17	A	A	6,730	$0.00	43,557	D	—	—	(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.