4//SEC Filing
Morris Steven B 4
Accession 0001127602-24-028748
CIK 0000310142other
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 11:40 AM ET
Size
11.0 KB
Accession
0001127602-24-028748
Insider Transaction Report
Form 4
Morris Steven B
President, Flavors Group
Transactions
- Award
Performance Stock Unit
2024-12-04+2,683→ 2,683 total→ Common Stock (2,683 underlying) - Award
Common Stock
2024-12-04+1,789→ 5,880.144 total
Holdings
- 2,962
Performance Stock Unit
→ Common Stock (2,962 underlying) - 1,064.546(indirect: ESOP)
Common Stock
Footnotes (5)
- [F1]Represents a grant of restricted stock under the Issuer's 2017 Stock Plan, as amended and restated. The shares are restricted for three years following the grant date.
- [F2]Represents shares held in Issuer's ESOP as of the end of the month immediately preceding this filing.
- [F3]Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- [F4]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, 2025 through December 31, 2027) 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.
- [F5]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
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 11:40 AM ET
- Size
- 11.0 KB