4//SEC Filing
Agallar Amy M 4
Accession 0001127602-24-004246
CIK 0000310142other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 5:52 PM ET
Size
16.3 KB
Accession
0001127602-24-004246
Insider Transaction Report
Form 4
Agallar Amy M
VP and Treasurer
Transactions
- Exercise/Conversion
Performance Stock Unit
2024-02-08−1,421→ 0 total→ Common Stock (1,421 underlying) - Exercise/Conversion
Common Stock
2024-02-08+1,421→ 6,374 total - Tax Payment
Common Stock
2024-02-08$62.74/sh−710$44,545→ 5,664 total
Holdings
- 138.354(indirect: ESOP)
Common Stock
- 910
Performance Stock Unit
→ Common Stock (910 underlying) - 1,727
Performance Stock Unit
→ Common Stock (1,727 underlying) - 1,390
Performance Stock Unit
→ Common Stock (1,390 underlying)
Footnotes (8)
- [F1]Represents vesting of performance stock units at 123.9% 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]Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- [F5]Performance stock units vested at 123.9% of the target award amount upon the Issuer's achievement of certain performance criteria based on adjusted EBITDA growth and adjusted return on invested capital during a three-year performance period.
- [F6]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.
- [F7]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.
- [F8]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, 2024 through December 31, 2026) 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 0001764259
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 5:52 PM ET
- Size
- 16.3 KB