Vineet A. Nargolwala - 01 Apr 2022 Form 4 Insider Report for Sensata Technologies Holding plc (ST)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Apr 2022, 08:55:33 UTC
Prior SEC filing
01 Mar 2022
Next SEC filing
15 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Richards by power of attorney

Key filing fact

Vineet A. Nargolwala filed Form 4 for Sensata Technologies Holding plc (ST) on 06 Apr 2022.

Key facts

  • This page summarizes Vineet A. Nargolwala's Form 4 filing for Sensata Technologies Holding plc (ST).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 06 Apr 2022, 08:55.

Change

  • Previous filing in this sequence was filed on 01 Mar 2022.
  • Current net transaction value: -$233,284.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ST transaction

Ordinary Shares, par value EUR 0.01 per share

Award

Transaction value
$0
Shares
+10,681
Change %
+35%
Price
$0.000000
Shares after
41,159
Date
01 Apr 2022
Ownership
Direct
Footnotes
F1, F2, F3
ST transaction

Ordinary Shares, par value EUR 0.01 per share

Tax liability

Transaction value
$233,284
Shares
-4,614
Change %
-11%
Price
$50.56
Shares after
36,545
Date
01 Apr 2022
Ownership
Direct
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Granted pursuant to the Sensata Technologies Holding plc 2021 Equity Incentive Plan.

Footnote 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.

Footnote 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.

Footnote F4

Represents shares withheld to cover taxes due by the reporting person upon vesting of certain restricted security awards.

Footnote F5

Includes 26,569 unvested restricted stock units subject to the reporting person's continued service.

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