SENSIENT TECHNOLOGIES CORP — Director's Dealing 2008

Oct 21, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SENSIENT TECHNOLOGIES CORP (SXT)
CIK: 0000310142
Period of Report: 2008-10-17

Reporting Person: HOBBS RICHARD F (VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-17	Common Stock	M	10500	$22.00	Acquired	126900	Direct
2008-10-17	Common Stock	M	8750	$18.54	Acquired	135650	Direct
2008-10-17	Common Stock	S	17287	$26.1925	Disposed	118363	Direct
2008-10-17	Common Stock	S	8463	$26.9171	Disposed	109900	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-10-17	Stock Options (Right to Buy)	$22.00	M	10500	Disposed	2010-12-11	Common Stock (10500)	Direct
2008-10-17	Stock Options (Right to Buy)	$18.54	M	8750	Disposed	2011-12-10	Common Stock (8750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8975.758	Indirect
Common Stock	11712.192	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to Buy)	$23.19	2012-12-09	Common Stock (50000)	50000	Direct
Stock Options (Right to Buy)	$19.40	2013-12-08	Common Stock (30000)	30000	Direct
Stock Options (Right to Buy)	$23.00	2014-12-06	Common Stock (30000)	30000	Direct
Stock Options (Right to Buy)	$18.57	2015-12-01	Common Stock (25000)	25000	Direct
Stock Options (Right to Buy)	$24.15	2016-12-07	Common Stock (6250)	6250	Direct

Footnotes

F1: Exercise of in-the-money employee stock option that would otherwise expire on 12/11/2010, exempt from Section 16(b) by virtue of Rule 16b-6(b) and Rule 16b-3(d) and (e).

F2: Includes shares of restricted stock held under Issuer's 1998 and 2002 Stock Option Plans.

F3: Exercise of in-the-money employee stock option that would otherwise expire on 12/10/2011, exempt from Section 16(b) by virtue of Rule 16b-6(b) and Rule 16b-3(d) and (e).

F4: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F5: This amount represents the weighted average sale price for the transactions reported on this line. The actual sale prices ranged from $25.75 to $26.74. The reporting person hereby agrees to provide, upon request by the SEC staff, by the Issuer, or by any security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F6: This amount represents the weighted average sale price for the transactions reported on this line. The actual sale prices ranged from $26.75 to $27.015. The reporting person hereby agrees to provide, upon request by the SEC staff, by the Issuer, or by any security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F7: Represents shares held in Issuer's Supplemental Benefit Plan as of the most recent statement date.

F8: Represents shares held in Issuer's Savings Plan as of the most recent statement date.

F9: Original option grant vests in three equal annual installments beginning on the date listed in the "Date Exercisable" column.