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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
FILIPOV STEVE TEREX CORPORATION 200 NYALA FARM ROAD WESTPORT, CT 06880 |
President, Terex Cranes |
/s/ Scott J. Posner, power of attorney | 03/12/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Shares granted pursuant to one of the Company's long-term incentive plans with the award vesting as follows: 1/3 on March 8, 2019; 1/3 on March 8, 2020 and 1/3 on March 8, 2021. |
(2) | Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2021 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, 2018 - December 31, 2020. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted percentile rank. |
(3) | Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2021 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2018, 2019 and 2020. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC. |