4//SEC Filing
Morris Steven B 4
Accession 0001127602-24-013779
CIK 0000310142other
Filed
Apr 30, 8:00 PM ET
Accepted
May 1, 5:59 PM ET
Size
7.7 KB
Accession
0001127602-24-013779
Insider Transaction Report
Form 4
Morris Steven B
President, Flavors Group
Transactions
- Sale
Common Stock
2024-04-30$72.97/sh−400$29,187→ 4,082.175 total
Holdings
- 1,053.78(indirect: ESOP)
Common Stock
- 2,962
Performance Stock Unit
→ Common Stock (2,962 underlying)
Footnotes (3)
- [F1]Represents shares held in Issuer's ESOP as of the end of the month immediately preceding this filing.
- [F2]Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- [F3]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 0002006060
Filing Metadata
- Form type
- 4
- Filed
- Apr 30, 8:00 PM ET
- Accepted
- May 1, 5:59 PM ET
- Size
- 7.7 KB