SEC Form 4 · accession 0001477294-18-000067
Sensata Technologies Holding plc · ST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Chawla
Officer — SVP, Performance Sensing Auto
Period of report
Apr 1, 2018
Accepted (ET)
Apr 3, 2018 · 9:03 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, 2018 | A | 10,131 | $0.00 | A | 32,282 | D | |
| Ordinary Shares, par value EUR 0.01 per shareF4,F5 | Apr 1, 2018 | D | 1,102 | $0.00 | D | 31,180 | D | |
| Ordinary Shares, par value EUR 0.01 per shareF6,F5 | Apr 1, 2018 | F | 2,156 | $51.83 | D | 29,024 | 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 BuyF7 | $51.83 | Apr 1, 2018 | A | 14,060 | A | — | Apr 1, 2028 | Ordinary Shares, par value EUR 0.01 per share | 14,060 | 14,060 | D |
Explanation of responses
- F1Granted pursuant to Sensata Technologies Holding plc First Amended and Restated 2010 Equity Incentive Plan.
- F2Consists of unvested restricted securities granted to the reporting person on April 1, 2018. The restricted securities include 2,171 restricted securities that will vest on April 1, 2021 based on the reporting person's continued employment, and 7,960 restricted securities that will vest on April 1, 2021 based on the issuer's satisfaction of certain performance criteria.
- F3Includes 31,318 unvested restricted securities, of which 23,105 securities are subject to performance conditions.
- F4Represents the portion of the reporting person's performance-based restricted securities granted in 2015 that were forfeited based on certain performance criteria not being met.
- F5Includes 25,681 unvested restricted securities, of which 20,251 securities are subject to performance conditions.
- F6Represents shares withheld to cover taxes due by the reporting person upon vesting of certain restricted security awards.
- F7These options are exercisable over four years at 25% per year, beginning on the first anniversary date of April 1, 2019.