SEC Form 4 · accession 0001477294-17-000022
Sensata Technologies Holding plc · ST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Beringhause
Officer — EVP, Performance Sensing, CTO
Period of report
Apr 1, 2017
Accepted (ET)
Apr 4, 2017 · 9:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001477294
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares, par value EUR 0.01 per shareF2,F3 | Apr 1, 2017 | A | 23,960 | $0.00 | A | 89,437 | D | |
| Ordinary Shares, par value EUR 0.01 per shareF4,F5 | Apr 1, 2017 | D | 282 | $0.00 | D | 89,155 | D | |
| Ordinary Shares, par value EUR 0.01 per shareF6,F7 | Apr 1, 2017 | F | 3,504 | $43.67 | D | 85,651 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock options to BuyF8 | $43.67 | Apr 1, 2017 | A | 32,587 | A | — | Apr 1, 2027 | Ordinary Shares, par value EUR 0.01 per share | 32,587 | 32,587 | D |
Explanation of responses
- F1Granted pursuant to Sensata Technologies Holding N.V. 2010 Equity Incentive Plan.
- F2Consists of unvested restricted securities granted to the reporting person on April 1, 2017. The restricted securities include 4,638 restricted securities that will vest on April 1, 2020 based on the reporting person's continued employment, and 19,322 restricted securities that will vest on April 1, 2020 based on the issuer's satisfaction of certain performance criteria.
- F3Includes 59,787 unvested restricted securities, of which 48,663 securities are subject to performance conditions.
- F4Represents the portion of the reporting person's performance-based restricted securities granted in 2014 that were forfeited based on certain performance criteria not being met.
- F5Includes 59,505 unvested restricted securities, of which 48,381 securities are subject to performance conditions.
- F6Represents shares withheld to cover taxes due by the reporting person upon vesting of certain restricted security awards.
- F7Includes 52,062 unvested restricted securities, of which 40,938 securities are subject to performance conditions.
- F8The option is exercisable over four years at 25% per year, beginning on the first anniversary date of April 1, 2018.