Martha N. Sullivan - May 8, 2024 Form 4 Insider Report for Sensata Technologies Holding plc (ST)

Role
President and CEO (Interim), Director
Signature
/s/ Michael Richards by power of attorney
Stock symbol
ST
Transactions as of
May 8, 2024
Transactions value $
-$388,206
Form type
4
Date filed
5/10/2024, 04:05 PM
Previous filing
May 3, 2024
Next filing
Jun 7, 2024

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 Options Exercise $4.25M +109K +23.77% $38.96 568K May 8, 2024 Direct F1
transaction ST Ordinary Shares, par value EUR 0.01 per share Sale -$4.64M -109K -19.2% $42.52 459K May 8, 2024 Direct F1, 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
transaction ST Stock options to Buy Options Exercise $0 -109K -100% $0.00* 0 May 8, 2024 Ordinary Shares, par value EUR 0.01 per share 109K $38.96 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 157,583 unvested restricted stock units of which (1) 3,697 will vest upon the date of the 2024 Annual Shareholders Meeting and (2) 153,886 will vest in twelve equal monthly installments at the end of each month beginning May 31, 2024, subject to the reporting person's continued employment as Interim President and Chief Executive Officer ("Interim CEO") of the Company. Upon termination of the reporting person's employment with the Company as Interim CEO, which will coincide with the commencement of employment of a new Chief Executive Officer, any unvested portions of the restricted stock units described in (2) will be forfeited.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.26 to $42.94, inclusive. The filer undertakes to provide, upon request by the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 These options became exercisable over four years at 25% per year, beginning on the first anniversary date of April 1, 2017.