Thierry Hoang - Feb 8, 2024 Form 4 Insider Report for SENSIENT TECHNOLOGIES CORP (SXT)

Role: VP, Asia Pacific Group
Signature: /s/ John J. Manning, Attorney-in-Fact for Mr. Hoang
Stock symbol: SXT
Transactions as of: Feb 8, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/9/2024, 05:55 PM
Previous filing: Dec 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SXT	Common Stock	Options Exercise	$0	+1.62K	+18.42%	$0.00	10.4K	Feb 8, 2024	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SXT	Performance Stock Unit	Options Exercise	$0	-1.62K	-100%	$0.00^*	0	Feb 8, 2024	Common Stock	1.62K		Direct	F1, F2, F3
holding	SXT	Performance Stock Unit						971	Feb 8, 2024	Common Stock	971		Direct	F2, F4
holding	SXT	Performance Stock Unit						1.51K	Feb 8, 2024	Common Stock	1.51K		Direct	F2, F5
holding	SXT	Performance Stock Unit						1.93K	Feb 8, 2024	Common Stock	1.93K		Direct	F2, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents vesting of performance stock units at 123.9% of the target award amount and conversion to shares of Issuer's Common Stock.
F2	Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
F3	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.
F4	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.
F5	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.
F6	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.