Chase Kim 4
4 · SENSIENT TECHNOLOGIES CORP · Filed Dec 8, 2017
Insider Transaction Report
Form 4
Chase Kim
VP and Treasurer
Transactions
- Award
Performance Stock Unit
2017-12-07+1,100→ 1,100 total→ Common Stock (1,100 underlying)
Holdings
- 193.493(indirect: ESOP)
Common Stock
- 217.773(indirect: By Children)
Common Stock
- 1,000
Performance Stock Unit
→ Common Stock (1,000 underlying) - 250
Common Stock
Footnotes (5)
- [F1]Includes shares of restricted stock held under Issuer's 2007 Stock Plan.
- [F2]Represents shares held in Issuer's ESOP as of the end of the month immediately preceding this filing.
- [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 2017 Stock Plan. The award is eligible to vest following a three year performance period (from January 1, 2018 through December 31, 2020) 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.
- [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, 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.