Hoang Thierry 4
4 · SENSIENT TECHNOLOGIES CORP · Filed Feb 10, 2021
Insider Transaction Report
Form 4
Hoang Thierry
VP, Asia Pacific Group
Transactions
- Tax Payment
Common Stock
2021-02-08$75.08/sh−50$3,754→ 1,684 total
Holdings
- 1,310
Performance Stock Unit
→ Common Stock (1,310 underlying) - 2,095
Performance Stock Unit
→ Common Stock (2,095 underlying)
Footnotes (5)
- [F1]Shares were withheld to cover tax withholding in connection with the vesting of prior restricted stock unit grants.
- [F2]Includes restricted stock units held under Issuer's 2017 Stock Plan. Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock and vests three years after the grant date.
- [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, 2020 through December 31, 2022) as follows: (1) 70% of the award is eligible to vest upon achievement of certain performance criteria based on EBITDA 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 200% of the target award amount.
- [F5]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, 2021 through December 31, 2023) as follows: (1) 70% of the award is eligible to vest upon achievement of certain performance criteria based on EBITDA 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 200% of the target award amount.