SEC Form 4 · accession 0001209191-17-036802
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 30, 2017
Accepted (ET)
Jun 1, 2017 · 4:37 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 | 5,500 | $0.00 | A | 23,300 | D | |
| Ordinary Shares, 10 pence par valueF2,F3 | May 31, 2017 | F | 1,085 | $77.56 | D | 22,215 | 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 | $77.07 | May 30, 2017 | A | 18,000 | A | — | May 30, 2027 | Ordinary Shares | 18,000 | 18,000 | D |
Explanation of responses
- F1All 5,500 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 5,500 on June 1, 2021.
- F21,085 shares were withheld from the 3,300 restricted shares that vested on May 31, 2017. These 1,085 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 3,300 ordinary shares were awarded to Mr. Carestio on May 31, 2013. These vested shares were valued at the NYSE closing market price on May 31, 2017.
- F320,000 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 4,000 on May 30, 2018; 5,000 on May 28, 2019; 2,500 on June 1, 2020; 3,000 on October 1, 2019 and 5,500 on June 1, 2021.
- F4This option becomes exercisable as follows: 4,500 on May 30, 2018; 4,500 on May 30, 2019; 4,500 on June 1, 2020 and 4,500 on June 1, 2021.