4//SEC Filing
ROLFS STEPHEN J 4
Accession 0001127602-24-004260
CIK 0000310142other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 6:03 PM ET
Size
18.9 KB
Accession
0001127602-24-004260
Insider Transaction Report
Form 4
ROLFS STEPHEN J
VP, Controller and CAO
Transactions
- Tax Payment
Common Stock
2024-02-08$62.74/sh−5,072$318,217→ 97,331 total - Exercise/Conversion
Performance Stock Unit
2024-02-08−10,144→ 0 total→ Common Stock (10,144 underlying) - Exercise/Conversion
Common Stock
2024-02-08+10,144→ 102,403 total
Holdings
- 2,046.514(indirect: Savings Plan)
Common Stock
- 1,881.36(indirect: Supplemental Benefit Plan)
Common Stock
- 10,610
Performance Stock Unit
→ Common Stock (10,610 underlying) - 40,569(indirect: By Trust)
Common Stock
- 5,175.03(indirect: ESOP)
Common Stock
- 6,067
Performance Stock Unit
→ Common Stock (6,067 underlying) - 8,668
Performance Stock Unit
→ Common Stock (8,668 underlying)
Footnotes (11)
- [F1]Represents vesting of performance stock units at 123.9% of the target award amount and conversion to shares of Issuer's Common Stock.
- [F10]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.
- [F11]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.
- [F2]Shares were withheld to cover tax withholding in connection with the vesting of performance stock units.
- [F3]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.
- [F4]Represents shares held in Issuer's ESOP as of the end of the month immediately preceding this filing.
- [F5]Represents shares held in Issuer's Savings Plan as of the end of the month immediately preceding this filing.
- [F6]Represents shares held in Issuer's Supplemental Benefit Plan as of the end of the month immediately preceding this filing.
- [F7]Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- [F8]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.
- [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, 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.
Documents
Issuer
SENSIENT TECHNOLOGIES CORP
CIK 0000310142
Entity typeother
Related Parties
1- filerCIK 0001199084
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 6:03 PM ET
- Size
- 18.9 KB