4//SEC Filing
Vanderleest Adam 4
Accession 0001127602-24-019996
CIK 0000310142other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 12:57 PM ET
Size
9.4 KB
Accession
0001127602-24-019996
Insider Transaction Report
Form 4
Vanderleest Adam
VP, Controller, and CAO
Transactions
- Award
Common Stock
2024-07-01+190→ 1,203 total - Award
Performance Stock Unit
2024-07-01+286→ 286 total→ Common Stock (286 underlying)
Holdings
- 301.537(indirect: ESOP)
Common Stock
Footnotes (5)
- [F1]Represents a grant of restricted stock under Issuer's 2017 Stock Plan, as amended and restated, in connection with Mr. Vanderleest'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. Vanderleest'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.
Documents
Issuer
SENSIENT TECHNOLOGIES CORP
CIK 0000310142
Entity typeother
Related Parties
1- filerCIK 0002028258
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 12:57 PM ET
- Size
- 9.4 KB