SENSIENT TECHNOLOGIES CORP 4
4 · SENSIENT TECHNOLOGIES CORP · Filed Dec 9, 2016
Insider Transaction Report
Form 4
Makal Jeffrey
VP Controller & CAO
Transactions
- Tax Payment
Common Stock
2016-12-08$82.78/sh−3,500$289,730→ 20,143 total
Holdings
- 2,300
Performance Stock Unit
→ Common Stock (2,300 underlying) - 5,100
Performance Stock Unit
→ Common Stock (5,100 underlying) - 2,543.084(indirect: ESOP)
Common Stock
- 11.894(indirect: Savings Plan)
Common Stock
- 4,600
Performance Stock Unit
→ Common Stock (4,600 underlying) - 384.375(indirect: Supplemental Benefit Plan)
Common Stock
Footnotes (9)
- [F1]Shares were withheld to cover tax withholding in connection with the vesting of a prior restricted stock grant.
- [F2]Includes shares of restricted stock held under Issuer's 2007 Stock Plan.
- [F3]Represents shares held in Issuer's Supplemental Benefit Plan as of the end of the month immediately preceding this filing.
- [F4]Represents shares held in Issuer's ESOP as of the end of the month immediately preceding this filing.
- [F5]Represents shares held in Issuer's Savings Plan as of the end of the month immediately preceding this filing.
- [F6]Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- [F7]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.
- [F8]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.
- [F9]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.