Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

SENSIENT TECHNOLOGIES CORP Director's Dealing 2013

Dec 6, 2013

31054_dirs_2013-12-06_04fbfc5a-a2b2-425c-b58e-b156bf9957fe.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SENSIENT TECHNOLOGIES CORP (SXT)
CIK: 0000310142
Period of Report: 2013-12-04

Reporting Person: ROLFS STEPHEN J (Senior VP Administration)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-12-04 Common Stock F 4000 $48.97 Disposed 98300 Direct
2013-12-05 Common Stock A 8600 Acquired 106900 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-12-05 Performance Stock Unit $ A 8600 Acquired Common Stock (8600) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3862.874 Indirect
Common Stock 1676.762 Indirect
Common Stock 840.18 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to Buy) $23.00 2014-12-06 Common Stock (10000) 10000 Direct
Stock Options (Right to Buy) $18.57 2015-12-01 Common Stock (9000) 9000 Direct
Stock Options (Right to Buy) $24.15 2016-12-07 Common Stock (2125) 2125 Direct

Footnotes

F1: Shares were withheld to cover tax withholding in connection with the vesting of a prior restricted stock grant.

F2: Includes shares of restricted stock held under Issuer's 1998 and 2002 Stock Option Plans and Issuer's 2007 Stock Plan.

F3: Represents grant of restricted stock under Issuer's 2007 Stock Plan.

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: Represents grant of performance stock units under Issuer's 2007 Stock Plan. The award is eligible to vest following a two year performance period (from January 1, 2014 through December 31, 2015) as follows: (1) 70% of the award is eligible to vest upon achievement of certain performance criteria based on EBIT 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 following the two year performance period and will vest on the third anniversary of the original grant date. 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 50% to 150% of the target award amount.

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