4//SEC Filing
SENSIENT TECHNOLOGIES CORP 4
Accession 0001127602-13-033966
$SXTCIK 0000310142operating
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 12:02 PM ET
Size
12.0 KB
Accession
0001127602-13-033966
Insider Transaction Report
Form 4
MANNING KENNETH P
DirectorChairman and CEO
Transactions
- Gift
Common Stock
2013-08-01−120→ 253,880 total - Award
Common Stock
2013-12-05+33,500→ 287,380 total - Sale
Common Stock
2013-12-06$48.97/sh−16,750$820,199→ 270,630 total - Award
Performance Stock Unit
2013-12-05+33,500→ 33,500 total→ Common Stock (33,500 underlying)
Holdings
- 2,000(indirect: By Spouse)
Common Stock
Footnotes (6)
- [F1]Aggregate of multiple gifts made on same day.
- [F2]Represents grant of restricted stock under Issuer's 2007 Stock Plan.
- [F3]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F4]This amount represents the weighted average sale price for the transactions reported on this line. The actual sale prices ranged from $48.80 to $49.275. The reporting person hereby agrees to provide, upon request by the SEC staff, by the Issuer, or by any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F5]Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- [F6]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.
Documents
Issuer
SENSIENT TECHNOLOGIES CORP
CIK 0000310142
Entity typeoperating
IncorporatedWI
Related Parties
1- filerCIK 0000310142
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 12:02 PM ET
- Size
- 12.0 KB