JOHNSTON STEPHEN 4
4 · TEREX CORP · Filed Mar 16, 2023
Insider Transaction Report
Form 4
TEREX CORPTEX
JOHNSTON STEPHEN
VP CAO and Controller
Transactions
- Award
Common Stock, $.01 par value
2023-03-15+1,385→ 12,732 total - Award
Common Stock, $.01 par value
2023-03-15+4,155→ 16,887 total
Footnotes (2)
- [F1]Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2026 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2023, 2024 and 2025. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.
- [F2]Shares granted pursuant to one of the Company's long-term incentive plans with the award vesting as follows: 1/3 on March 15, 2024; 1/3 on March 15, 2025 and 1/3 on March 15, 2026.