Vineet Nargolwala - Apr 1, 2022 Form 4 Insider Report for Sensata Technologies Holding plc (ST)

Signature
/s/ Michael Richards by power of attorney
Stock symbol
ST
Transactions as of
Apr 1, 2022
Transactions value $
-$233,284
Form type
4
Date filed
4/6/2022, 08:55 AM
Previous filing
Mar 1, 2022
Next filing
Jun 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ST Ordinary Shares, par value EUR 0.01 per share Award $0 +10.7K +35.04% $0.00 41.2K Apr 1, 2022 Direct F1, F2, F3
transaction ST Ordinary Shares, par value EUR 0.01 per share Tax liability -$233K -4.61K -11.21% $50.56 36.5K Apr 1, 2022 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to the Sensata Technologies Holding plc 2021 Equity Incentive Plan.
F2 Consists of unvested restricted securities granted to the reporting person on April 1, 2022. The restricted securities vest over three years at one third per year, beginning on April 1, 2023 subject to the reporting person's continued service.
F3 The Company is changing its reporting practices to remove unvested performance-based stock unit awards ("PRSUs") from the amount of securities beneficially owned by the Reporting Person. As a result, 38,135 unvested PRSUs were removed from the number of securities beneficially owned as previously disclosed in column 5 of the Reporting Person's Form 4 filed on 1/5/2022. Each PRSU represents the right to receive between 0% and 172.5% of one share of common stock over a 3 year performance period, upon achievement of pre-established performance metrics. Going forward, all PRSUs will be reported on Form 4 upon their vesting event, if any.
F4 Represents shares withheld to cover taxes due by the reporting person upon vesting of certain restricted security awards.
F5 Includes 26,569 unvested restricted stock units subject to the reporting person's continued service.