0001127602-24-004260.txt : 20240209
0001127602-24-004260.hdr.sgml : 20240209
20240209180329
ACCESSION NUMBER: 0001127602-24-004260
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240208
FILED AS OF DATE: 20240209
DATE AS OF CHANGE: 20240209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ROLFS STEPHEN J
CENTRAL INDEX KEY: 0001199084
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07626
FILM NUMBER: 24616614
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SENSIENT TECHNOLOGIES CORP
CENTRAL INDEX KEY: 0000310142
STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860]
ORGANIZATION NAME: 08 Industrial Applications and Services
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
X0508
4
2024-02-08
0000310142
SENSIENT TECHNOLOGIES CORP
SXT
0001199084
ROLFS STEPHEN J
777 EAST WISCONSIN AVENUE
MILWAUKEE
WI
53202
1
Senior VP & CFO
0
Common Stock
2024-02-08
4
M
0
10144
0
A
102403
D
Common Stock
2024-02-08
4
F
0
5072
62.74
D
97331
D
Common Stock
40569
I
By Trust
Common Stock
5175.03
I
ESOP
Common Stock
2046.514
I
Savings Plan
Common Stock
1881.36
I
Supplemental Benefit Plan
Performance Stock Unit
2024-02-08
4
M
0
10144
0
D
Common Stock
10144
0
D
Performance Stock Unit
Common Stock
6067
6067
D
Performance Stock Unit
Common Stock
8668
8668
D
Performance Stock Unit
Common Stock
10610
10610
D
Represents vesting of performance stock units at 123.9% 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 by a trust for the benefit of Mr. Rolfs's children and spouse. Mr. Rolfs's spouse is the sole trustee of the trust. Mr. Rolfs disclaims beneficial ownership of these securities.
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 123.9% of the target award amount upon the Issuer's achievement of certain performance criteria based on adjusted EBITDA growth and adjusted 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, 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.
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, 2024 through December 31, 2026) 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. Rolfs
2024-02-09