SEC Form 4 · accession 0001209191-17-030355
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 3, 2017
Accepted (ET)
May 5, 2017 · 4:40 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 | 3,150 | $22.83 | A | 26,639 | D | |
| Ordinary Shares, 10 pence par valueF2 | May 3, 2017 | S | 3,150 | $75.00 | D | 23,489 | 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)F3 | $22.83 | May 3, 2017 | M | 3,150 | D | — | May 21, 2019 | Ordinary Shares | 3,150 | 0 | D |
Explanation of responses
- F1This exercise and sale of a total of 3,150 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on September 1, 2016.
- F216,752 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 5,000 on May 31, 2017; 2,252 on May 30, 2018; 3,000 on May 28, 2019; 4,000 on October 1, 2019 and 2,500 on June 1, 2020.
- F3This option to purchase 3,150 STERIS plc ordinary shares, which is fully vested, was received in the Merger in exchange for an option to purchase 3,150 STERIS Corporation common shares for $22.83 per share, subject to the same terms and conditions as the original STERIS Corporation stock option.