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

Feb 9, 2016

31054_dirs_2016-02-09_7c6c51f2-1e1b-49c0-b48f-3f4f348d296f.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: 2016-02-09

Reporting Person: Collopy John (V.P. and Treasurer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-02-09 Common Stock M 4000 $19.03 Acquired 46702.688 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-02-09 Stock Options (Right to Buy) $19.03 M 4000 Disposed 2016-02-10 Common Stock (4000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2270.182 Indirect
Common Stock 756.644 Indirect
Common Stock 428.123 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to Buy) $24.15 2016-12-07 Common Stock (1875) 1875 Direct
Performance Stock Unit $ Common Stock (4600) 4600 Direct
Performance Stock Unit $ Common Stock (5100) 5100 Direct
Performance Stock Unit $ Common Stock (3300) 3300 Direct

Footnotes

F1: Exercise of in-the-money stock option that would otherwise expire on 2/10/2016, 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, and shares held in a dividend reinvestment plan.

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

F4: Represents shares held in Issuer's Savings Plan as of the end of the month immediately preceding this filing.

F5: Represents shares held in Issuer's Supplemental Benefit Plan as of the end of the month immediately preceding this filing.

F6: Original option grant vests in three equal annual installments beginning on the date listed in the "Date Exercisable" column.

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 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.

F10: Represents grant of performance stock units under Issuer's 2007 Stock Plan. The number of shares reflected is at the target award amount. The award is eligible to vest at 45% of the target award amount based upon the Issuer's achievement of certain performance criteria based on EBIT growth and return on invested capital during a two year performance period. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the actual number of shares earned will vest on the third anniversary of the original grant date.