Form 4 for SXT SENSIENT TECHNOLOGIES CORP
Accepted 2021-12-13 00:00:00 ET · period of report 2021-12-09 · accession 0001127602-21-030848 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-12-13 | 2021-12-09 | SXT | Tornehl Tobin | CAO, VP Ctrl | A - Grant | $0.00 | +809 | 2,959 | +38% | $0 |
| D | 2021-12-13 | 2021-12-09 | SXT | Tornehl Tobin | CAO, VP Ctrl | A - Grant | $0.00 | +1,214 | 1,214 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-09 | A | A | 809 | $0.00 | 2,958.98 | D | — | — | (F1) Represents a grant of restricted stock under the Issuer's 2017 Stock Plan. The shares are restricted for three years following the grant date. |
| 2 | Derivative | Performance Stock Unit | 2021-12-09 | A | A | 1,214 | $0.00 | 1,214 | D | — · — to — | 1,214 Common Stock | (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, 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. |