E. Craig Mitchell - 23 Oct 2023 Form 4 Insider Report for SENSIENT TECHNOLOGIES CORP (SXT)

Role: President, Flavors Group
Signature: /s/ John J. Manning, attorney-in-fact for Mr. Mitchell
Issuer symbol: SXT
Transactions as of: 23 Oct 2023
Net transactions value: -$149,673
Form type: 4
Filing time: 24 Oct 2023, 16:29:02 UTC
Previous filing: 13 Feb 2023
Next filing: 13 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SXT	Common Stock	Sale	$149,673	-2,608	-12%	$57.39	18,477	23 Oct 2023	Direct
holding	SXT	Common Stock						180	23 Oct 2023	ESOP	F1
holding	SXT	Common Stock						3,314	23 Oct 2023	Savings Plan	F2

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
holding	SXT	Performance Stock Unit						5,198	23 Oct 2023	Common Stock	5,198		Direct	F3, F4
holding	SXT	Performance Stock Unit						4,156	23 Oct 2023	Common Stock	4,156		Direct	F3, F5
holding	SXT	Performance Stock Unit						5,765	23 Oct 2023	Common Stock	5,765		Direct	F3, F6

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

Explanation of Responses:

Id	Content
F1	Represents shares held in Issuer's ESOP as of the end of the month immediately preceding this filing.
F2	Represents shares held in Issuer's Savings Plan as of the end of the month immediately preceding this filing.
F3	Each performance stock unit represents a contingent right to receive one share of Issuer's Common Stock.
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, 2021 through December 31, 2023) 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. 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.
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, 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.