SEC Form 4 · accession 0001209191-17-004187
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
Jan 17, 2017
Accepted (ET)
Jan 18, 2017 · 4:50 pm EST
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 par valueF1 | Jan 17, 2017 | M | 962 | $22.83 | A | 16,538 | D | |
| Ordinary Shares, 0.10 par valueF2 | Jan 17, 2017 | M | 1,000 | $34.23 | A | 17,538 | D | |
| Ordinary Shares, 0.10 par valueF3 | Jan 17, 2017 | S | 1,962 | $68.78 | D | 15,576 | 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 | $22.83 | Jan 17, 2017 | M | 962 | D | — | May 21, 2019 | Ordinary Shares | 962 | 0 | D |
| Employee Stock Option (right to buy)F5 | $34.23 | Jan 17, 2017 | M | 1,000 | D | — | Nov 12, 2019 | Ordinary Shares | 1,000 | 0 | D |
Explanation of responses
- F1This exercise and sale of a total of 962 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on November 15, 2016.
- F2This exercise and sale of a total of 1,000 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on November 15, 2016.
- F36,950 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; 500 on June 1, 2020; 625 on May 30, 2017; 625 on May 28, 2018; 625 on May 28, 2019; 750 on May 30, 2017; 750 on May 30, 2018; 450 on May 31, 2017; 375 on October 2, 2017; 375 on October 1, 2018 and 375 on October 1, 2019.
- F4This option to purchase 962 STERIS plc ordinary shares, which is fully vested, was received in the Merger in exchange for an option to purchase 962 STERIS Corporation common shares for $22.83 per share, subject to the same terms and conditions as the original STERIS Corporation stock option.
- F5This option to purchase 1,000 STERIS plc ordinary shares, which is fully vested, was received in the Merger in exchange for an option to purchase 1,000 STERIS Corporation common shares for $34.23 per share, subject to the same terms and conditions as the original STERIS Corporation stock option.