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OMB APPROVAL
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OMB Number 3235-0104
Expires: April 30, 1997
Estimated average burden
hours per response ....... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF 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(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
HOOPER STEVEN E.
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(Last) (First) (Middle)
500 POST ROAD EAST, SUITE 320
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(Street)
WESTPORT CT 06880
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
MARCH 22, 1996
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
TEREX CORPORATION (TEX)
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5 Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [ ] 10% Owner
[ X ] Officer (give title below) [ ] Other (specify below)
VICE PRESIDENT OF HUMAN RESOURCES
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6. If Amendment, Date of Original (Month/Year)
MARCH 26, 1996
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr.5)
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<S> <C> <C> <C>
Common Stock, par value
$.01 per share 2,500 D (1)
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Common Stock, par value
$.01 per share 66 D
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
<PAGE>
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 7. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Security Exer- tion of Derivative (I) Ownership
(Instr. 4) cisable Date Title Shares Security (Instr.5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option 6/23/95 6/23/04 Common Stock 5,000 --- D (2)
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Employee Stock Option 8/15/96 8/15/05 Common Stock 10,000 --- D (3)
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</TABLE>
Explanation of Responses:
(1) Granted under the Company's 1994 Long-Term Incentive Plan. Restricted
stock vests over a 4-year period with the first shares vesting on June
23, 1995.
(2) Options vest over a 4-year period with the first shares vesting June
23, 1995 and are exercisable (except for certain exceptions) at any
time and expire June 23, 2004.
(3) Same as (2) above except first shares vest on August 15, 1996 and
expire August 15, 2005.
/s/ Steven E. Hooper 4/29/96
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient. See Instruction 6 for procedure.
