4//SEC Filing
Mitchell E. Craig 4
Accession 0001127602-23-004792
CIK 0000310142other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 2:05 PM ET
Size
17.0 KB
Accession
0001127602-23-004792
Insider Transaction Report
Form 4
Mitchell E. Craig
Pres, Flavors & Fragrances Grp
Transactions
- Exercise/Conversion
Common Stock
2023-02-09+16,754→ 28,624 total - Tax Payment
Common Stock
2023-02-09$72.49/sh−7,539$546,502→ 21,085 total - Exercise/Conversion
Performance Stock Unit
2023-02-09−16,754→ 0 total→ Common Stock (16,754 underlying)
Holdings
- 134.713(indirect: ESOP)
Common Stock
- 2,757.805(indirect: Savings Plan)
Common Stock
- 5,198
Performance Stock Unit
→ Common Stock (5,198 underlying) - 4,156
Performance Stock Unit
→ Common Stock (4,156 underlying) - 5,765
Performance Stock Unit
→ Common Stock (5,765 underlying)
Footnotes (9)
- [F1]Represents vesting of performance stock units at 200% of the target award amount and conversion to shares of Issuer's Common Stock.
- [F2]Shares were withheld to cover tax withholding in connection with the vesting of performance stock units.
- [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]Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- [F6]Performance stock units vested at 200% of the target award amount upon the Issuer's achievement of certain performance criteria based on EBITDA growth and return on invested capital during a three-year performance period.
- [F7]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.
- [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, 2022 through December 31, 2024) 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.
- [F9]Represents grant of performance stock units under Issuer's 2017 Stock Plan, as amended and restated. The award is eligible to vest following a three-year performance period (from January 1, 2023 through December 31, 2025) 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.
Documents
Issuer
SENSIENT TECHNOLOGIES CORP
CIK 0000310142
Entity typeother
Related Parties
1- filerCIK 0001751760
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 2:05 PM ET
- Size
- 17.0 KB