SENSIENT TECHNOLOGIES CORP 4
4 · SENSIENT TECHNOLOGIES CORP · Filed Dec 9, 2013
Insider Transaction Report
Form 4
Wilkins Robert
President, Asia Pacific Group
Transactions
- Award
Common Stock
2013-12-05+5,700→ 58,525 total - Award
Performance Stock Unit
2013-12-05+5,700→ 5,700 total→ Common Stock (5,700 underlying)
Holdings
- 1,000
Stock Options (Right to Buy)
Exercise: $23.09From: 2006-02-14Exp: 2015-02-14→ Common Stock (1,000 underlying) - 1,000
Stock Options (Right to Buy)
Exercise: $19.03From: 2007-02-10Exp: 2016-02-10→ Common Stock (1,000 underlying) - 5,000
Stock Options (Right to Buy)
Exercise: $24.45From: 2008-02-08Exp: 2017-02-08→ Common Stock (5,000 underlying)
Footnotes (5)
- [F1]Represents grant of restricted stock units under Issuer's 2007 Stock Plan.
- [F2]Includes restricted stock units held under Issuer's 2002 Stock Option Plan and Issuer's 2007 Stock Plan. Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock and vests five years after the grant date.
- [F3]Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- [F4]Represents grant of performance stock units under Issuer's 2007 Stock Plan. The award is eligible to vest following a two year performance period (from January 1, 2014 through December 31, 2015) as follows: (1) 70% of the award is eligible to vest upon achievement of certain performance criteria based on EBIT growth, and (2) 30% of the award is eligible to vest upon achievement of certain performance criteria based on return on invested capital. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the actual number of shares earned will be determined following the two year performance period and will vest on the third anniversary of the original grant date. The number of shares reflected is at the target award amount. No performance stock units will vest below a minimum level of performance. At or above the minimum level of performance, the actual number of shares earned may range from 50% to 150% of the target award amount.
- [F5]Original option grant vests in three equal annual installments beginning on the date listed in the "Date Exercisable" column.