Hegarty Kieran 4
4 · TEREX CORP · Filed Mar 19, 2024
Insider Transaction Report
Form 4
TEREX CORPTEX
Hegarty Kieran
President, Materials Processin
Transactions
- Award
Common Stock, par value $.01
2024-03-15+6,877→ 211,129 total - Tax Payment
Common Stock, par value $.01
2024-03-18$59.07/sh−1,511$89,255→ 217,024 total - Award
Common Stock, par value $.01
2024-03-15+7,406→ 218,535 total - Tax Payment
Common Stock, par value $.01
2024-03-15$58.35/sh−1,244$72,587→ 197,375 total - Award
Common Stock, par value $.01
2024-03-15+6,877→ 204,252 total
Footnotes (4)
- [F1]Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock awards.
- [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 2027 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, 2024 - December 31, 2026. 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 2027 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2024, 2025 and 2026. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.
- [F4]Shares granted pursuant to one of the Company's long-term incentive plans with the award vesting as follows: 1/3 on March 15, 2025; 1/3 on March 15, 2026 and 1/3 on March 15, 2027.