SEC Form 4 · accession 0001127602-16-040057
SENSIENT TECHNOLOGIES CORP · SXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth P Manning
Director
Period of report
Feb 4, 2016
Accepted (ET)
Feb 8, 2016 · 4:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000310142
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 4, 2016 | M | 15,075 | $0.00 | A | 288,807 | D | |
| Common Stock | holding | — | — | — | 2,000 | I | Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitF3,F4 | — | Feb 4, 2016 | M | 15,075 | D | — | — | Common Stock | 33,500 | 0 | D |
Explanation of responses
- F1Represents vesting of performance stock units at 45% of the target award amount and conversion to shares of Issuer's Common Stock.
- F2Includes shares of restricted stock held under Issuer's 2012 Non-Employee Directors Stock Plan.
- F3Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- F4Performance stock units vested on an accelerated basis due to the reporting person's earlier retirement and at 45% 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 two year performance period.