SEC Form 4 · accession 0001209191-17-036798
STERIS plc · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen L Burton
Officer — VP, Controller & CAO
Period of report
May 30, 2017
Accepted (ET)
Jun 1, 2017 · 4:34 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 | 3,000 | $0.00 | A | 11,726 | D | |
| Ordinary Shares, 10 pence par valueF2,F3 | May 31, 2017 | F | 419 | $77.56 | D | 11,307 | D | |
| Ordinary Shares, 10 pence par valueF4 | holding | — | — | — | 319 | 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)F5 | $77.07 | May 30, 2017 | A | 4,000 | A | — | May 30, 2027 | Ordinary Shares | 4,000 | 4,000 | D |
Explanation of responses
- F1All 3,000 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 3,000 on June 1, 2021.
- F2419 shares were withheld from the 1,300 restricted shares that vested on May 31, 2017. These 419 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 1,300 ordinary shares were awarded to Ms. Burton on May 31, 2013. These vested shares were valued at the NYSE closing market price on May 31, 2017.
- F37,656 of these shares are restricted and vest as follows: 1,000 on April 2, 2018; 972 on May 30, 2018; 764 on May 28, 2019; 700 on October 1, 2019; 1,220 on June 1, 2020 and 3,000 on June 1, 2021.
- F4Units representing 319 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of May 31, 2017.
- F5This option becomes exercisable as follows: 1,000 on May 30, 2018; 1,000 on May 30, 2019; 1,000 on June 1, 2020 and 1,000 on June 1, 2021.