SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Sullivan Martha N.

(Last) (First) (Middle)
C/O SENSATA TECHNOLOGIES, INC.
529 PLEASANT STREET

(Street)
ATTLEBORO MA 02703

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sensata Technologies Holding plc [ ST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares, par value EUR 0.01 per share 04/02/2021 D 53,812(1) D $0 299,985(2) D
Ordinary Shares, par value EUR 0.01 per share 04/02/2021 F 44(3) D $58.57 299,941(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On April 2, 2021, the reporting person's role as senior advisor for the issuer ended in accordance with a previously announced agreement. The termination accelerated vesting on the reporting person's 53,911 performance-based restricted stock units granted on April 1, 2019. The issuer did not meet the performance conditions required in the first two years after the award date. In accordance with the banking provisions of the issuer's performance-based restricted stock units, the reporting person would have been eligible to vest in a third of the award. This amount was prorated for the period from April 1, 2021 to April 2, 2021, resulting in vesting of 99 shares and cancellation of 53,812 shares. The reporting person continues to hold 14,703 unvested restricted stock units, which will vest on April 1, 2022, subject to the reporting person's continued service.
2. Includes 14,703 unvested restricted stock units that are not subject to performance conditions.
3. Represents shares withheld to cover taxes due by the reporting person upon vesting of certain restricted security awards.
Remarks:
/s/ Michael Richards by power of attorney 04/06/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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