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OMB APPROVAL
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OMB Number 3235-0104
Expires: December 31,2001
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*
Barr Kevin
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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)
September 25, 2000
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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 - Human Resources
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing
(Check applicable line)
_x__ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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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 p/sh.(1) 7,500 D
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
*If the Form is filed by more than one Reporting Person,
see Instruction 5(b)(v).
(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-
2. Date Exercisable 3. Title and Amount of Securities ship
and Expiration Date Underlying Derivative Security Form of
(Month/Day/Year) (Instr. 4) 4. Conver- Derivative 7.Nature of
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1. Title of Derivative Date Expira- Amount or Exercise Price Direct(D) or Beneficial
Security Exer- tion Number of of Derivative Indirect(I) Ownership
(Instr. 4) cisable Date Title Shares Security (Instr.5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C>
Options to Purchase
Common Stock(2) 07/11/01 07/11/10 Common Stock 8,500 $15.125 D
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</TABLE>
Explanation of Responses:
(1) Restricted Stock granted pursuant to the Company's 1996 Long-Term Incentive
Plan vesting over a 4-year period, with the first shares vesting on
July 11, 2001.
(2) Options granted pursuant to the Company's 1996 Long-Term Incentive Plan.
Options vest over a four-year period, with the first shares vesting on
July 11, 2001, are exercisable at any time (except for certain
exceptions) and expire on July 11, 2010.
/s/ Kevin Barr October 4, 2000
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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.