Company: ST
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001477294-25-000131
Chunk: 34

Company: Sensata Technologies Holding plc
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 34
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September 30, 2025September 30, 2024September 30, 2025September 30, 2024Stock options$— $— $— $569 Restricted securities (1)7,245 15,449 18,612 26,824 Share-based compensation expense$7,245 $15,449 $18,612 $27,393 ____________________________________(1)    In the three and nine months ended September 30, 2024, $5.8 million was related to the accelerated vesting of restricted securities associated with the sale of the various assets and liabilities comprising our vehicle area networks and data collection business (collectively, the "Insights Business").Equity AwardsWe granted the following restricted stock units ("RSUs" and each, an "RSU") and performance-based restricted stock units ("PRSUs" and each, a "PRSU") during the nine months ended September 30, 2025:Awards Granted To:Type of AwardNumber of Units Granted (in thousands)Weighted Average Grant Date Fair ValueDirectors, various executives, and employeesRSU (1)140 $26.23 Various executives and employeesRSU (2)951 $25.00 Various executives and employeesPRSU (3)261 $24.60 Various executives and employeesPRSU (4)261 $25.64 ____________________________________(1)    These awards cliff vest up to one year from the grant date (various dates between January 2026 and June 2026).(2)    These RSUs vest ratably over three years, one-third per year beginning on the first anniversary of the grant date. These RSUs will fully vest on various dates between January 2028 and September 2028.(3)    These PRSUs vest on various dates between  April 2028 and September 2028. The number of units that ultimately vest will be between 0% and 150% and is dependent on the achievement of certain performance criteria. 

(4)    These awards include certain PRSUs with market performance conditions that will be evaluated relative to the performance of certain peers as defined in the award agreement. The number of units that ultimately vest (various dates between April 2028 and September 2028) will be from 0% to 150%, depending on achievement of these performance criteria. Total grant date value of