Company: SXT
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001140361-25-008248
Chunk: 54

Company: SENSIENT TECHNOLOGIES CORP
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 54
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     | —        |           |     | —          |
|                     | 12/4/24       |     |       | —          |     |                                     | —           |     |           | —             |     |           |          0 |     |                                 |       3,947 |     |   |  7,894 |     |   |  2,632 |     |             | — |     |            | — |     |          |   515,004 |     |            |

| (1) | These awards were made pursuant to our annual management incentive plan, which provides for incentive payments conditioned upon the Company’s performance in 2024. See “Components of 2024 Executive Compensation and Benefits Programs — Annual Incentive Plan Awards” above for more information regarding our non-equity incentive plan awards. Mr. Rolfs retired on June 30, 2024 and, therefore, in accordance with the terms of our annual management incentive plan, was ineligible to receive an incentive payment for 2024. |

| (2) | These are awards authorized by the Compensation Committee on December 4, 2024 (except Mr. Tornehl’s July award, which was authorized on April 25, 2024), under the Company’s 2017 Stock Plan, which provide for incentive payments conditioned upon the Company’s performance over the 2025-2027 three-year period. These awards consist of performance stock units granted to the named executive officers, which become earned and vest after satisfaction of a weighted average of achieving two separate performance metrics consisting of: (a) adjusted EBITDA growth (70% weight) and (b) adjusted return on invested capital (30% weight). |

| (3) | These are awards of restricted stock authorized by the Compensation Committee on December 4, 2024, under the Company’s 2017 Stock Plan. In addition, on April 25, 2024, the Compensation Committee authorized an additional award to Mr. Tornehl on July 1, 2024, which was the date that he assumed the role of Chief Financial Officer. Each of these awards vest following a three-year period of restriction. |

| (4) | The grant date fair value of the stock awards granted to the named executive officers equals the closing market price of our Common Stock on the December 4, 2024 grant date (and, in the case of Mr. Tornehl’s July award, on the July