SEC Form 4 · accession 0001209191-16-125140
STERIS plc · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen Bardwell
Officer — Sr.V. P. & C.C.O.
Period of report
May 31, 2016
Accepted (ET)
Jun 2, 2016 · 4:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001624899
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares, 0.10 Nominal ValueF1 | May 31, 2016 | F | 380 | $69.43 | D | 12,855 | D | |
| Ordinary Shares, 0.10 Nominal ValueF2 | May 31, 2016 | F | 148 | $69.43 | D | 12,707 | D | |
| Ordinary Shares, 0.10 Nominal ValueF3 | May 31, 2016 | F | 247 | $69.43 | D | 12,460 | D | |
| Ordinary Shares, 0.10 Nominal ValueF4 | May 31, 2016 | F | 206 | $69.43 | D | 12,254 | D | |
| Ordinary Shares, 0.10 Nominal ValueF5 | Jun 1, 2016 | A | 1,500 | $0.00 | A | 13,754 | D | |
| Ordinary Shares, 0.10 Nominal ValueF6 | Jun 1, 2016 | A | 2,000 | $0.00 | A | 15,754 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F7 | $69.72 | Jun 1, 2016 | D | 7,000 | A | — | Jun 1, 2026 | Ordinary Shares, 0.10 | 7,000 | 7,000 | D |
Explanation of responses
- F1380 shares were withheld from the 1,155 restricted shares that vested on May 31, 2016. These 380 ordinary shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 1,155 ordinary shares were awarded to Ms. Bardwell on May 30, 2012 as part of an award of 4,620 restricted shares. These vested shares were valued at the NYSE closing market price on May 31, 2016.
- F2148 shares were withheld from the 450 restricted shares that vested on May 31, 2016. These 148 ordinary shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 450 ordinary shares were awarded to Ms. Bardwell on May 31, 2013 as part of an award of 1,800 restricted shares. These vested shares were valued at the NYSE closing market price on May 31, 2016. The remaining restrictions on these ordinary shares lapse as follows: 450 on May 31, 2017.
- F3247 shares were withheld from the 750 restricted shares that vested on May 31, 2016. These 247 ordinary shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 750 ordinary shares were awarded to Ms. Bardwell on May 30, 2014 as part of an award of 3,000 restricted shares. These vested shares were valued at the NYSE closing market price on May 31, 2016. The remaining restrictions on these ordinary shares lapse as follows: 750 on May 30, 2017 and 750 on May 30, 2018.
- F4206 shares were withheld from the 625 restricted shares that vested on May 31, 2016. These 206 ordinary shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 625 ordinary shares were awarded to Ms. Bardwell on August 10, 2015 as part of an award of 2,500 restricted shares. These vested shares were valued at the NYSE closing market price on May 31, 2016. The remaining restrictions on these ordinary shares lapse as follows: 625 on May 30, 2017; 625 on May 28, 2018; and 625 on May 28, 2019.
- F5All 1,500 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 375 on October 3, 2016; 375 on October 2, 2017; 375 on October 1, 2018 and 375 on October 1, 2019.
- F6All 2,000 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 500 on June 1, 2017; 500 on June 1, 2018; 500 on June 3, 2019 and 500 on June 1, 2020.
- F7This option becomes exercisable as follows: 1,750 on June 1, 2017; 1,750 on June 1, 2018; 1,750 on June 3, 2019 and 1,750 on June 1, 2020.