SENSIENT TECHNOLOGIES CORP — Director's Dealing 2024

Jan 3, 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Morris Steven B (President, Flavors Group)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4748.393	Direct
Common Stock	1000.307	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Stock Unit	$		Common Stock (2962)		Direct

Footnotes

F1: Represents shares held in Issuer's ESOP as of the end of the month immediately preceding this filing.

F2: 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.

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