SEC Form 4 · accession 0001209191-17-036793
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
May 30, 2017
Accepted (ET)
Jun 1, 2017 · 4:32 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 30, 2017 | A | 2,000 | $0.00 | A | 17,576 | D | |
| Ordinary Shares, 10 pence par valueF2 | May 30, 2017 | F | 206 | $77.07 | D | 17,370 | D | |
| Ordinary Shares, 10 pence par valueF3 | May 30, 2017 | F | 247 | $77.07 | D | 17,123 | D | |
| Ordinary Shares, 10 pence par valueF4,F5 | May 31, 2017 | F | 148 | $77.56 | D | 16,975 | 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)F6 | $77.07 | May 30, 2017 | A | 10,000 | A | — | May 30, 2027 | Ordinary Shares | 10,000 | 10,000 | D |
Explanation of responses
- F1All 2,000 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 500 on May 30, 2018; 500 on May 30, 2019; 500 on June 1, 2020 and 500 on June 1, 2021.
- F2206 shares were withheld from the 625 restricted shares that vested on May 30, 2017. These 206 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 625 ordinary shares were awarded to Ms. Bardwell on August 10, 2015 as part of an award of 2,500 restricted shares. These vested shares were valued at the NYSE closing market price on May 30, 2017. The remaining restrictions on these ordinary shares lapse as follows: 625 on May 28, 2018; and 625 on May 28, 2019.
- F3247 shares were withheld from the 750 restricted shares that vested on May 30, 2017. These 247 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 750 ordinary shares were awarded to Ms. Bardwell on May 30, 2014 as part of an award of 3,000 restricted shares. These vested shares were valued at the NYSE closing market price on May 30, 2017. The remaining restrictions on these ordinary shares lapse as follows: 750 on May 30, 2018.
- F4148 shares were withheld from the 450 restricted shares that vested on May 31, 2017. These 148 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 450 ordinary shares were awarded to Ms. Bardwell on May 31, 2013 as part of an award of 1,800 restricted shares. These vested shares were valued at the NYSE closing market price on May 31, 2017.
- F57,125 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 500 on June 1, 2017; 375 on October 2, 2017; 625 on May 28, 2018; 500 on May 30, 2018; 750 on May 30, 2018; 500 on June 1, 2018; 375 on October 1, 2018; 625 on May 28, 2019; 500 on May 30, 2019; 500 on June 3, 2019; 375 on October 1, 2019; 500 on June 1, 2020; 500 on June 1, 2020 and 500 on June 1, 2021.
- F6This option becomes exercisable as follows: 2,500 on May 30, 2018; 2,500 on May 30, 2019; 2,500 on June 1, 2020 and 2,500 on June 1, 2021.