SEC Form 4 · accession 0001209191-17-030359
STERIS plc · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Tokich
Officer — SVP, CFO & Treasurer
Period of report
May 3, 2017
Accepted (ET)
May 5, 2017 · 4:42 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 | 2,000 | $27.45 | A | 46,506 | D | |
| Ordinary Shares, 10 pence par valueF2 | May 3, 2017 | S | 2,000 | $75.00 | D | 44,506 | D | |
| Ordinary Shares, 10 pence par valueF3 | holding | — | — | — | 3,326 | 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)F4 | $27.45 | May 3, 2017 | M | 2,000 | D | — | Nov 1, 2017 | Ordinary Shares | 2,000 | 0 | D |
Explanation of responses
- F1This exercise and sale of a total of 2,000 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on November 28, 2016.
- F227,200 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 7,000 on May 31, 2017; 4,500 on May 30, 2018; 7,000 on May 28, 2019; 4,700 on June 1, 2020 and 4,000 on October 1, 2020.
- F3Units representing 3,326 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of May 2, 2017.
- F4This option to purchase 2,000 STERIS plc ordinary shares, which is fully vested, was received in the Merger in exchange for an option to purchase 2,000 STERIS Corporation common shares for $27.45 per share, subject to the same terms and conditions as the original STERIS Corporation stock option.