Form Type: 4

SEC EDGAR Link
Accession Number:0001127602-21-004841
Date:2021-02-08
Issuer: SENSIENT TECHNOLOGIES CORP (SXT)
Original Submission Date:

Reporting Person:

HOANG THIERRY
777 E. WISCONSIN AVE.
MILWAUKEE, WI 53202

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-02-08 F 50 d $75.08 1,684 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PERFORMANCE STOCK UNIT 0.0 2021-02-08 deemed execution date 0 ( ) common stock 2,095 $0.00 2,095 direct
PERFORMANCE STOCK UNIT 0.0 2021-02-08 deemed execution date 0 ( ) common stock 1,310 $0.00 1,310 direct
Footnotes
IDfootnote
f1 shares were withheld to cover tax withholding in connection with the vesting of prior restricted stock unit grants.
f2 includes restricted stock units held under issuer's 2017 stock plan. each restricted stock unit represents a contingent right to receive one share of issuer's common stock and vests three years after the grant date.
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. the award is eligible to vest following a three-year performance period (from january 1, 2020 through december 31, 2022) 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.
f5 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, 2021 through december 31, 2023) 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.
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