4//SEC Filing
SENSIENT TECHNOLOGIES CORP 4
Accession 0001127602-16-069166
$SXTCIK 0000310142operating
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 5:25 PM ET
Size
11.7 KB
Accession
0001127602-16-069166
Insider Transaction Report
Form 4
Grover Gautam
Pres, Flavors & Fragrances Grp
Transactions
- Award
Performance Stock Unit
2016-12-01+6,700→ 6,700 total→ Common Stock (6,700 underlying)
Holdings
- 7,000
Performance Stock Unit
→ Common Stock (7,000 underlying)
Footnotes (3)
- [F1]Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- [F2]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, 2017 through December 31, 2019) 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.
- [F3]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.
Issuer
SENSIENT TECHNOLOGIES CORP
CIK 0000310142
Entity typeoperating
IncorporatedWI
Related Parties
1- filerCIK 0000310142
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 5:25 PM ET
- Size
- 11.7 KB