Company: ST
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001477294-25-000059
Chunk: 37

Company: Sensata Technologies Holding plc
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 37
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 grant date, which amount is then rounded up to the next whole unit. |
| (2) |     | Mr. Cote's 2024 equity awards were subsequently forfeited upon his retirement on April 30, 2024.                                                                                                                                                                                                                   |
| (3) |     | On May 1, 2024, Ms. Sullivan was granted an equity incentive award with grant date fair value of $6,000,000 (vesting in equal monthly installments over twelve months); the award was partially forfeited upon the appointment of Mr. von Schuckmann.                                                              |

#### Restricted Stock Units
2024 LTI RSUs were granted on April 1, 2024 with a fair market value of $36.46 (per unit) as of the grant date to the NEOs. All RSUs are subject to ratable vesting of one-third on the annual anniversary of the grant date for three years.

#### Performance-based Restricted Stock Units
2024 LTI PRSUs were granted on April 1, 2024 with a fair market value of $36.46 (per unit) as of the grant date. 2 The PRSUs are subject to cliff vesting on the third anniversary of the grant date. The number of PRSUs that ultimately will vest depends on the Company’s Relative TSR performance and ROIC for each of the fiscal years 2024 through 2026. Relative TSR performance means the Company’s TSR performance when ranked among the TSR of a peer group, as set forth below, during the applicable performance year. ROIC means the Company's adjusted earnings before interest divided by total invested capital.

The Compensation Committee strives to establish challenging but attainable targets with heavy stretch goals for maximum payout. Relative TSR performance and ROIC targets for each of the years in the three-year performance period are set at the beginning of the performance period, and take into account, among other things, management’s short- and long-term financial and operating plans and shareholder expectations. At the end of each year in the performance period, the award agreement provides that our actual results will be measured against that year’s TSR performance of the peer group and our pre-set ROIC targets. One-third of each PRSU award is "banked" as adjusted for performance, after each year, with banked portions subject to continued time vesting over the three-year period. At the end of the performance period, if the three-year compound annual growth rate ("CAGR") for our Relative TSR performance is greater