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Sensient Officer Adopts Rule 10b5-1 Trading Plan
Business Wire, Nov 13, 2007
MILWAUKEE -- Sensient Technologies Corporation (NYSE:SXT) today announced that an elected officer has adopted an SEC Rule 10b5-1 plan to trade company stock under a written, pre-arranged plan. The plan was adopted during an authorized trading period when the officer was not in possession of material, non-public information. The transactions under the plan will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission.
The plan covers only options that are due to expire in September 2008, and allows the officer to sell Sensient stock acquired as a result of exercising the options during two window periods starting in April 2008 and ending in August 2008.
The plan will cover the exercise of options on 14,000 shares for John L. Hammond, Vice President, Secretary and General Counsel.
Sensient Technologies Corporation is a leading global manufacturer and marketer of colors, flavors and fragrances. Sensient employs advanced technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, inkjet and specialty inks and colors, display imaging chemicals, and other specialty chemicals. The company's customers include major international manufacturers representing some of the world's best-known brands. Sensient is headquartered in Milwaukee, Wisconsin.
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