Home/Filings/4/0001127602-21-005970
4//SEC Filing

ROLFS STEPHEN J 4

Accession 0001127602-21-005970

CIK 0000310142other

Filed

Feb 15, 7:00 PM ET

Accepted

Feb 16, 6:20 PM ET

Size

16.2 KB

Accession

0001127602-21-005970

Insider Transaction Report

Form 4
Period: 2021-02-11
ROLFS STEPHEN J
VP, Controller and CAO
Transactions
  • Exercise/Conversion

    Performance Stock Unit

    2021-02-1111,7000 total
    Common Stock (11,700 underlying)
Holdings
  • Common Stock

    (indirect: Savings Plan)
    1,919.737
  • Common Stock

    61,298
  • Common Stock

    (indirect: By Trust)
    40,569
  • Common Stock

    (indirect: ESOP)
    4,747.081
  • Performance Stock Unit

    Common Stock (8,186 underlying)
    8,186
  • Performance Stock Unit

    Common Stock (14,600 underlying)
    14,600
  • Common Stock

    (indirect: Supplemental Benefit Plan)
    1,504.463
  • Performance Stock Unit

    Common Stock (14,136 underlying)
    14,136
Footnotes (10)
  • [F1]Includes shares of restricted stock held under Issuer's 2017 Stock Plan.
  • [F10]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.
  • [F2]Represents shares held by a trust for the benefit of Mr. Rolfs's children and spouse. Mr. Rolfs's spouse is the sole trustee of the trust. Mr. Rolfs disclaims beneficial ownership of these securities.
  • [F3]Represents shares held in Issuer's ESOP as of the end of the month immediately preceding this filing.
  • [F4]Represents shares held in Issuer's Savings Plan as of the end of the month immediately preceding this filing.
  • [F5]Represents shares held in Issuer's Supplemental Benefit 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]Performance stock units vested at 0% of the target award amount upon the Issuer's achievement of certain performance criteria based on EBIT growth and return on invested capital during a three-year performance period.
  • [F8]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, 2019 through December 31, 2021) 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 150% of the target award amount.
  • [F9]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.

Issuer

SENSIENT TECHNOLOGIES CORP

CIK 0000310142

Entity typeother

Related Parties

1
  • filerCIK 0001199084

Filing Metadata

Form type
4
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 6:20 PM ET
Size
16.2 KB