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 2014

Jul 30, 2014

31054_dirs_2014-07-30_6f34e638-2e70-4fc0-8743-8972033ae9a4.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: 2014-07-29

Reporting Person: ROLFS STEPHEN J (Senior VP Administration)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-07-29 Common Stock M 10000 $23.00 Acquired 116900 Direct
2014-07-29 Common Stock F 927 $54.49 Disposed 115973 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-07-29 Stock Options (Right to Buy) $23.00 M 10000 Disposed 2014-12-06 Common Stock (10000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3965.479 Indirect
Common Stock 1698.391 Indirect
Common Stock 947.491 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
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
Performance Stock Unit $ Common Stock (8600) 8600 Direct

Footnotes

F1: Exercise of in-the-money stock option that would otherwise expire on 12/6/2014, 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 2002 Stock Option Plan and Issuer's 2007 Stock Plan.

F3: Shares were withheld to cover tax withholding in connection with option exercise.

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

F8: Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.

F9: 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.