0001127602-19-006429.txt : 20190215 0001127602-19-006429.hdr.sgml : 20190215 20190215182848 ACCESSION NUMBER: 0001127602-19-006429 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190214 FILED AS OF DATE: 20190215 DATE AS OF CHANGE: 20190215 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ROLFS STEPHEN J CENTRAL INDEX KEY: 0001199084 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07626 FILM NUMBER: 19612811 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SENSIENT TECHNOLOGIES CORP CENTRAL INDEX KEY: 0000310142 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 390561070 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 777 EAST WISCONSIN AVENUE CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4142716755 MAIL ADDRESS: STREET 1: PO BOX 737 CITY: MILWAUKEE STATE: WI ZIP: 53201 FORMER COMPANY: FORMER CONFORMED NAME: UNIVERSAL FOODS CORP DATE OF NAME CHANGE: 19920703 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2019-02-14 0000310142 SENSIENT TECHNOLOGIES CORP SXT 0001199084 ROLFS STEPHEN J 777 EAST WISCONSIN AVENUE MILWAUKEE WI 53202 1 Senior VP & CFO Common Stock 2019-02-14 4 M 0 2655 0 A 97737 D Common Stock 2019-02-14 4 F 0 1327 62.54 D 96410 D Common Stock 4426.498 I ESOP Common Stock 1827.199 I Savings Plan Common Stock 1373.787 I Supplemental Benefit Plan Performance Stock Unit 2019-02-14 4 M 0 2655 0 D Common Stock 13900 0 D Performance Stock Unit Common Stock 11600 11600 D Performance Stock Unit Common Stock 11700 11700 D Performance Stock Unit Common Stock 14600 14600 D Represents vesting of performance stock units at 19.1% of the target award amount and conversion to shares of Issuer's Common Stock. Shares were withheld to cover tax withholding in connection with the vesting of prior performance stock unit grant. Represents shares held in Issuer's ESOP as of the end of the month immediately preceding this filing. Represents shares held in Issuer's Savings Plan as of the end of the month immediately preceding this filing. Represents shares held in Issuer's Supplemental Benefit Plan as of the end of the month immediately preceding this filing. Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock. Performance stock units vested at 19.1% of the target award amount upon the Issuer's achievement of certain performance criteria based on EBIT growth and return on invested capital during a three-year performance period. Represents grant of performance stock units under Issuer's 2007 Stock Plan. The award is eligible to vest following a three-year performance period (from January 1, 2017 through December 31, 2019) as follows: (1) 70% of the award is eligible to vest upon achievement of certain performance criteria based on EBIT 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 150% of the target award amount. 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, 2018 through December 31, 2020) as follows: (1) 70% of the award is eligible to vest upon achievement of certain performance criteria based on EBIT 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 150% of the target award amount. 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, 2019 through December 31, 2021) 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 150% of the target award amount. /s/ John J. Manning, Attorney-in-Fact for Mr. Rolfs 2019-02-15