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 2016

Dec 6, 2016

31054_dirs_2016-12-06_e1e80c95-a69f-4521-b897-b4ae5cc3cc89.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: 2016-12-05

Reporting Person: Geraghty Michael C (President, Color Group)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-12-05 Common Stock F 3480 $77.74 Disposed 13980 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 193.809 Indirect
Common Stock 258.095 Indirect
Common Stock 165.209 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Performance Stock Unit $ Common Stock (7700) 7700 Direct
Performance Stock Unit $ Common Stock (7000) 7000 Direct
Performance Stock Unit $ Common Stock (7900) 7900 Direct

Footnotes

F1: Shares were withheld to cover tax withholding in connection with the vesting of prior restricted stock and performance stock unit grants.

F2: Includes shares of restricted stock held under Issuer's 2007 Stock Plan.

F3: Represents shares held in Issuer's Supplemental Benefit Plan as of the end of the month immediately preceding this filing.

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 ESPP as of the date of this filing.

F6: Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.

F7: Represents grant of performance stock units under Issuer's 2007 Stock Plan. The award is eligible to vest following a three year performance period (from January 1, 2017 through December 31, 2019) 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 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 150% of the target award amount.

F8: Represents grant of performance stock units under Issuer's 2007 Stock Plan. The award is eligible to vest following a three year performance period (from January 1, 2016 through December 31, 2018) 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 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 150% of the target award amount.

F9: Represents grant of performance stock units under Issuer's 2007 Stock Plan. The award is eligible to vest following a three year performance period (from January 1, 2015 through December 31, 2017) 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 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 150% of the target award amount.