SEC Form 4 · accession 0001209191-17-037305
STERIS plc · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter M Rosebrough Jr.
Officer — President & CEO · Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 2, 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 | Jun 1, 2017 | G | 5,000 | $0.00 | D | 101,370 | D | |
| Ordinary Shares, 10 pence par valueF2,F3 | Jun 1, 2017 | F | 2,222 | $0.00 | D | 99,148 | D | |
| Ordinary Shares, 10 pence par valueF4 | holding | — | — | — | 68,806 | I | See Footnote Below. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This gift of a total of 5,000 shares, held by the Reporting Person as Trustee of a revocable trust established for his benefit, was pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person, as Trustee, effective on August 16, 2016.
- F22,222 shares were withheld from the 4,681 restricted shares that vested on June 1, 2017. These 2,222 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 4,681 shares were awarded to Mr. Rosebrough on June 1, 2016 as part of an award of 18,724 restricted shares. These vested shares were valued at the NYSE closing market price on June 1, 2017. The remaining restrictions on these ordinary shares lapse as follows: 4,681 on June 1, 2018; 4,681 on June 3, 2019 and 4,681 on June 1, 2020.
- F3These 99,148 ordinary shares are held by the Reporting Person as Trustee of a revocable trust established for his benefit. 41,543 of these Ordinary Shares are restricted. The restrictions on the restricted Ordinary Shares lapse as follows: 3,625 on May 28, 2018; 4,250 on May 30, 2018; 4,000 on May 30, 2018; 4,681 on June 1, 2018; 3,625 on May 28, 2019; 4,000 on May 30, 2019; 4,681 on June 3, 2019; 4,681 on June 1, 2020; 4,000 on June 1, 2020 and 4,000 on June 1, 2021.
- F4These ordinary shares are held by the Reporting Person's Spouse as Trustee of a revocable trust established for her benefit.