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SENSIENT TECHNOLOGIES CORP Director's Dealing 2024

Jul 3, 2024

31054_dirs_2024-07-03_49020055-c7ee-4a07-9840-8bb3697220c2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SENSIENT TECHNOLOGIES CORP (SXT)
CIK: 0000310142
Period of Report: 2024-07-01

Reporting Person: Tornehl Tobin (VP and Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-07-01 Common Stock A 747 Acquired 9666.972 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-07-01 Performance Stock Unit $ A 1120 Acquired Common Stock (1120) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 887.071 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Performance Stock Unit $ Common Stock (1758) 1758 Direct
Performance Stock Unit $ Common Stock (1214) 1214 Direct

Footnotes

F1: Represents a grant of restricted stock under Issuer's 2017 Stock Plan, as amended and restated, in connection with Mr. Tornehl's appointment to his new position. The shares are restricted until December 2026 and will vest at the same time and on the same terms as the restricted stock awards granted to the Company's executive officers in December 2023.

F2: Represents shares held in Issuer's ESOP as of the end of the month immediately preceding this filing.

F3: Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.

F4: Represents grant of performance stock units under Issuer's 2017 Stock Plan, as amended and restated, in connection with Mr. Tornehl's appointment to his new position. The terms of this award are the same as the performance stock unit awards granted to the Company's executive officers in December 2023.

F5: Represents grant of performance stock units under Issuer's 2017 Stock Plan, as amended and restated. The award is eligible to vest following a three-year performance period (from January 1, 2024 through December 31, 2026) as follows: (1) 70% of the award is eligible to vest upon achievement of certain performance criteria based on EBITDA 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 200% of the target award amount.

F6: Represents grant of performance stock units under Issuer's 2017 Stock Plan, as amended and restated. The award is eligible to vest following a three-year performance period (from January 1, 2023 through December 31, 2025) as follows: (1) 70% of the award is eligible to vest upon achievement of certain performance criteria based on EBITDA 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 200% of the target award amount.

F7: Represents grant of performance stock units under Issuer's 2017 Stock Plan. The award is eligible to vest following a three-year performance period (from January 1, 2022 through December 31, 2024) as follows: (1) 70% of the award is eligible to vest upon achievement of certain performance criteria based on EBITDA 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 200% of the target award amount.