UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
May 14, 2007
(Date of Report/Date of earliest event reported)
SENSIENT TECHNOLOGIES CORPORATION
(Exact name of registrant as specified in its charter)
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WISCONSIN
(State or other jurisdiction
of incorporation)
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1-7626
(Commission File Number)
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39-0561070
(IRS Employer
Identification No.) |
777 East Wisconsin Avenue
Milwaukee, Wisconsin 53202-5304
(Address and zip code of principal executive offices)
(414) 271-6755
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
TABLE OF CONTENTS
ITEM 8.01. Other Events.
Sensient Technologies Corporation issued a press release on May 14, 2007 announcing that three
of its executive officers (Messrs. Manning, Hobbs and Carney) have entered into new preprogrammed
stock sale plans for periodic sales of their Sensient stock over the next one to four years,
starting in July, 2007. The new stock sale plans have been approved by the Sensient board of
directors. The new plans involve a greater number of options and other shares and extend over a
longer period of time than earlier plans. The plans, which comply with the SEC Rule 10b5-1 safe
harbor regarding insider trading, are motivated primarily by the executives’ desire to diversify
their personal investments as they near eventual retirement.
Sales will occur during quarterly “window periods,” except for shares from options nearing
expiration. For Mr. Manning, the “window periods” limitation will not apply to prompt sales of
shares received in any future stock grant or sales during the last year of his plan, beginning in
July, 2010. Anticipated sales each quarter by Mr. Manning, Mr. Hobbs and Mr. Carney are about
82,000 shares, about 19,250 shares and about 36,000 shares, respectively, plus any “roll-overs”
from prior periods that were not sold because of minimum price floors.
Item 9.01. Exhibits
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Exhibit 99.1
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Sensient Technologies Corporation Press Release Dated
May 14, 2007 Regarding Preprogrammed Stock Sale Plans by
Certain Executives. |
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