SEC Form 4 · accession 0001209191-17-040862
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
Jun 16, 2017
Accepted (ET)
Jun 19, 2017 · 4:46 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 value | Jun 16, 2017 | M | 3,795 | $29.94 | A | 20,605 | D | |
| Ordinary Shares, 10 pence par valueF2 | Jun 16, 2017 | S | 3,795 | $82.00 | D | 16,810 | 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)F3 | $29.94 | Jun 16, 2017 | M | 3,795 | D | — | May 30, 2022 | Ordinary Shares | 3,795 | 0 | D |
Explanation of responses
- F1This exercise and sale of a total of 3,795 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on November 15, 2016.
- F26,625 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 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.
- F3This option to purchase 3,795 STERIS plc ordinary shares, which is fully vested, was received in the Merger in exchange for an option to purchase 3,795 STERIS Corporation common shares for $29.94 per share, subject to the same terms and conditions as the original STERIS Corporation stock option.