SEC Form 4 · accession 0001209191-17-030352
STERIS plc · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel A Carestio
Officer — Sr. V. P. STE AST & Life Sci
Period of report
May 3, 2017
Accepted (ET)
May 5, 2017 · 4:38 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, 10 pence par valueF1 | May 3, 2017 | M | 7,590 | $45.34 | A | 25,390 | D | |
| Ordinary Shares, 10 pence par valueF2,F3 | May 3, 2017 | S | 7,590 | $75.1669 | D | 17,800 | 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 | $45.34 | May 3, 2017 | M | 7,590 | D | — | May 31, 2023 | Ordinary Shares | 7,590 | 2,530 | D |
Explanation of responses
- F1This exercise and sale of a total of 7,590 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on August 16, 2016.
- F2This represents the average sales price of the 7,590 shares sold in the open market. The actual sales prices ranged from $75.00 per share to $75.60 per share. Issuer, upon request by the SEC staff, will provide full information regarding the number of shares sold at each of the 31 sales prices.
- F317,800 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 3,300 on May 31, 2017; 4,000 on May 30, 2018, 5,000 on May 28, 2019, 3,000 on October 1, 2019 and 2,500 on June 1, 2020.
- F4This option became or will become exercisable as follows: 2,530 on May 31, 2014; 2,530 on May 31, 2015; 2,530 on May 31, 2016 and 2,530 on May 31, 2017. This option to purchase 10,120 STERIS plc shares was received in the Merger in exchange for an option to purchase 10,120 STERIS Corporation common shares for $45.34 per share, subject to the same terms and conditions as the original STERIS Corporation stock option.