SEC Form 4 · accession 0001209191-16-125150
STERIS plc · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Suzanne V Forsythe
Officer — V. P. - Human Resources
Period of report
May 31, 2016
Accepted (ET)
Jun 2, 2016 · 4:31 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 | 185 | $69.43 | D | 9,723 | D | |
| Ordinary Shares, 0.10 Nominal ValueF2 | May 31, 2016 | F | 329 | $69.43 | D | 9,394 | D | |
| Ordinary Shares, 0.10 Nominal ValueF3 | May 31, 2016 | F | 140 | $69.43 | D | 9,254 | D | |
| Ordinary Shares, 0.10 Nominal ValueF4 | May 31, 2016 | F | 124 | $69.43 | D | 9,130 | D | |
| Ordinary Shares, 0.10 Nominal ValueF5 | Jun 1, 2016 | A | 1,500 | $0.00 | A | 10,630 | D | |
| Ordinary Shares, 0.10 Nominal ValueF6 | Jun 1, 2016 | A | 1,400 | $0.00 | A | 12,030 | D | |
| Ordinary Shares, 0.10 Nominal ValueF7 | holding | — | — | — | 1,066 | I | See Footnote Below. |
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)F8 | $69.72 | Jun 1, 2016 | A | 9,000 | A | — | Jun 1, 2026 | Ordinary Shares, 0.10 | 9,000 | 9,000 | D |
Explanation of responses
- F1185 shares were withheld from the 563 restricted shares that vested on May 31, 2016. These 185 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 563 ordinary shares were awarded to Ms. Forsythe on May 30, 2012 as part of an award of 2,250 restricted shares. These vested shares were valued at the NYSE closing market price on May 31, 2016.
- F2329 shares were withheld from the 1,000 restricted shares that vested on May 31, 2016. These 329 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 1,000 ordinary shares were awarded to Ms. Forsythe on May 31, 2013 as part of an award of 4,000 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: 1,000 on May 31, 2017.
- F3140 shares were withheld from the 425 restricted shares that vested on May 31, 2016. These 140 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 425 ordinary shares were awarded to Ms. Forsythe on May 30, 2014 as part of an award of 1,700 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: 425 on May 30, 2017 and 425 on May 30, 2018.
- F4124 shares were withheld from the 375 restricted shares that vested on May 31, 2016. These 124 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 375 ordinary shares were awarded to Ms. Forsythe on August 10, 2015 as part of an award of 1,500 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: 375 on May 30, 2017; 375 on May 28, 2018; and 375 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 1,400 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 350 on June 1, 2017; 350 on June 1, 2018; 350 on June 3, 2019 and 350 on June 1, 2020.
- F7Represents 1,090.150 units of the STERIS Corporation 401(k) Plan STERIS Stock Fund which equals 1,066 ordinary share equivalents as of June 1, 2016.
- F8This option becomes exercisable as follows: 2,250 on June 1, 2017; 2,250 on June 1, 2018; 2,250 on June 3, 2019 and 2,250 on June 1, 2020.