Sensata Technologies Holding (ST) Form 4 Sensata Technologies Holding / Vineet A Nargolwala ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Nargolwala Vineet A

(Last) (First) (Middle)

C/O SENSATA TECHNOLOGIES, INC

529 PLEASANT STREET

(Street)

ATTLEBORO MA 02703

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sensata Technologies Holding plc [ ST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP, Sensing Solutions

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares, par value EUR 0.01 per share	04/01/2021		A(1)		17,075(2)	A	$0	78,178(3)	D
Ordinary Shares, par value EUR 0.01 per share	04/01/2021		D		3,539(4)	D	$0	74,639(5)	D
Ordinary Shares, par value EUR 0.01 per share	04/01/2021		F		4,126(6)	D	$58.57	70,513(5)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Granted pursuant to the Sensata Technologies Holding plc First Amended and Restated 2010 Equity Incentive Plan.

2. Consists of unvested restricted securities granted to the reporting person on April 1, 2021. The restricted securities include 7,684 restricted securities that will vest over three years at one third per year, beginning on the first anniversary of April 1, 2022 based on the reporting person's continued employment, and 9,391 restricted securities that will vest on April 1, 2024 based on the issuer's satisfaction of certain performance criteria.

3. Includes 77,261 unvested restricted stock units, of which 43,442 are subject to performance conditions.

4. Represents the portion of the reporting person's performance-based restricted securities granted in 2018 that were forfeited based on certain performance criteria not being met.

5. Includes 64,424 unvested restricted stock units, of which 38,135 are subject to performance conditions.

6. Represents shares withheld to cover taxes due by the reporting person upon vesting of certain restricted security awards.

Remarks:

	/s/ Michael Richards by power of attorney	04/05/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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