Form 4 for SXT SENSIENT TECHNOLOGIES CORP

Accepted 2022-12-09 00:00:00 ET · period of report 2022-12-07 · accession 0001127602-22-027158 · 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	2022-12-09	2022-12-07	SXT	Mitchell E. Craig	Pres, Flavors Group	A - Grant	$0.00	+3,843	11.9K	+48%	$0
D	2022-12-09	2022-12-07	SXT	Mitchell E. Craig	Pres, Flavors Group	A - Grant	$0.00	+5,765	5,765	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-12-07	A	A	3,843	$0.00	11,870	D	—	—	(F1) Represents a grant of restricted stock under Issuer's 2017 Stock Plan, as amended and restated. The shares are restricted for three years following the grant date.
2	Derivative	Performance Stock Unit	2022-12-07	A	A	5,765	$0.00	5,765	D	— · — to —	5,765 Common Stock	(F4) Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock. (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, 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.