SEC Form 4 · accession 0001209191-16-125187
STERIS plc · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Adam Zangerle
Officer — VP, Gen Counsel, and Sec.
Period of report
May 31, 2016
Accepted (ET)
Jun 2, 2016 · 4:39 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 | 667 | $69.43 | D | 17,941 | D | |
| Ordinary Shares, 0.10 Nominal ValueF2 | Jun 1, 2016 | A | 2,500 | $0.00 | A | 20,441 | D | |
| Ordinary Shares, 0.10 Nominal ValueF3 | Jun 1, 2016 | A | 4,000 | $0.00 | A | 24,441 | 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)F4 | $69.72 | Jun 1, 2016 | A | 15,000 | A | — | Jun 1, 2026 | Ordinary Shares, 0.10 | 15,000 | 15,000 | D |
Explanation of responses
- F1667 shares were withheld from the 1,400 restricted shares that vested on May 31, 2016. These 667 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 1,400 ordinary shares were awarded to Mr. Zangerle on May 30, 2012. These vested shares were valued at the NYSE closing market price on May 31, 2016.
- F2All 2,500 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 2,500 on June 1, 2020.
- F3All 4,000 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 4,000 on October 1, 2019.
- F4This option becomes exercisable as follows: 3,750 on June 1, 2017; 3,750 on June 1, 2018; 3,750 on June 3, 2019 and 3,750 on June 1, 2020.