SENSIENT TECHNOLOGIES CORP 4
4 · SENSIENT TECHNOLOGIES CORP · Filed Feb 9, 2016
Insider Transaction Report
Form 4
Wilkins Robert
President, Asia Pacific Group
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2016-02-08−1,000→ 0 totalExercise: $19.03From: 2007-02-10Exp: 2016-02-10→ Common Stock (1,000 underlying) - Exercise/Conversion
Common Stock
2016-02-08$19.03/sh+1,000$19,030→ 60,525 total
Holdings
- 6,200
Performance Stock Unit
→ Common Stock (6,200 underlying) - 5,000
Stock Options (Right to Buy)
Exercise: $24.45From: 2008-02-08Exp: 2017-02-08→ Common Stock (5,000 underlying) - 8,400
Performance Stock Unit
→ Common Stock (8,400 underlying) - 5,700
Performance Stock Unit
→ Common Stock (5,700 underlying)
Footnotes (7)
- [F1]Exercise of in-the-money stock option that would otherwise expire on 2/10/2016, exempt from Section 16(b) by virtue of Rule 16b-6(b) and Rule 16b-3(d) and (e).
- [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 three or five years after the grant date.
- [F3]Original option grant vests in three equal annual installments beginning on the date listed in the "Date Exercisable" column.
- [F4]Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- [F5]Represents grant of performance stock units under Issuer's 2007 Stock Plan. The award is eligible to vest following a three year performance period (from January 1, 2016 through December 31, 2018) 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 and vest following the three year performance period. 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 0% to 150% of the target award amount.
- [F6]Represents grant of performance stock units under Issuer's 2007 Stock Plan. The award is eligible to vest following a three year performance period (from January 1, 2015 through December 31, 2017) 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 and vest following the three year performance period. 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 0% to 150% of the target award amount.
- [F7]Represents grant of performance stock units under Issuer's 2007 Stock Plan. The number of shares reflected is at the target award amount. The award is eligible to vest at 45% of the target award amount based upon the Issuer's achievement of certain performance criteria based on EBIT growth and return on invested capital during a two year performance period. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the actual number of shares earned will vest on the third anniversary of the original grant date.