0001127602-23-004792.txt : 20230213
0001127602-23-004792.hdr.sgml : 20230213
20230213140510
ACCESSION NUMBER: 0001127602-23-004792
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230209
FILED AS OF DATE: 20230213
DATE AS OF CHANGE: 20230213
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Mitchell E. Craig
CENTRAL INDEX KEY: 0001751760
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07626
FILM NUMBER: 23616889
MAIL ADDRESS:
STREET 1: 777 E. WISCONSIN AVENUE
CITY: MILWAUKEE
STATE: WI
ZIP: 53202
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: 53202-5304
BUSINESS PHONE: 4142716755
MAIL ADDRESS:
STREET 1: 777 EAST WISCONSIN AVENUE
CITY: MILWAUKEE
STATE: WI
ZIP: 53202-5304
FORMER COMPANY:
FORMER CONFORMED NAME: UNIVERSAL FOODS CORP
DATE OF NAME CHANGE: 19920703
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2023-02-09
0000310142
SENSIENT TECHNOLOGIES CORP
SXT
0001751760
Mitchell E. Craig
777 E. WISCONSIN AVENUE
MILWAUKEE
WI
53202
1
President, Flavors Group
Common Stock
2023-02-09
4
M
0
16754
0
A
28624
D
Common Stock
2023-02-09
4
F
0
7539
72.49
D
21085
D
Common Stock
134.713
I
ESOP
Common Stock
2757.805
I
Savings Plan
Performance Stock Unit
2023-02-09
4
M
0
16754
0
D
Common Stock
16754
0
D
Performance Stock Unit
Common Stock
5198
5198
D
Performance Stock Unit
Common Stock
4156
4156
D
Performance Stock Unit
Common Stock
5765
5765
D
Represents vesting of performance stock units at 200% 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 performance stock units.
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.
Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
Performance stock units vested at 200% of the target award amount upon the Issuer's achievement of certain performance criteria based on EBITDA growth and return on invested capital during a three-year performance period.
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.
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.
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.
/s/ John J. Manning, attorney-in-fact for Mr. Mitchell
2023-02-13