SEC Form 4 · accession 0001209191-17-055202
STERIS plc · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sudhir K Pahwa
Officer — Sr. V.P., IPT
Period of report
Oct 2, 2017
Accepted (ET)
Oct 3, 2017 · 4:52 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,F2 | Oct 2, 2017 | F | 247 | $88.80 | D | 21,594 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1247 shares were withheld from the 750 restricted shares that vested on October 2, 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 Sudhir Pahwa on June 1, 2016 as part of an award of 3,000 restricted shares. These vested shares were valued at the NYSE closing market price on October 2, 2017.
- F28,125 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 750 on May 28, 2018; 750 on May 30, 2018; 1,250 on May 30, 2018; 625 on June 1, 2018; 750 on October 1, 2018; 750 on May 28, 2019; 1,250 on May 30, 2019; 625 on June 3, 2019; 750 on October 1, 2019 and 625 on June 1, 2020.