SEC Form 4 · accession 0001209191-18-034407
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
May 29, 2018
Accepted (ET)
May 31, 2018 · 5:10 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 29, 2018 | F | 221 | $103.97 | D | 13,762 | D | |
| Ordinary Shares, 10 pence par valueF2 | May 30, 2018 | F | 225 | $104.57 | D | 13,537 | D | |
| Ordinary Shares, 10 pence par valueF3,F4 | May 30, 2018 | F | 375 | $104.57 | D | 13,162 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1221 shares were withheld from the 750 restricted shares that vested on May 29, 2018. These 221 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 Mr. Pahwa on August 10, 2015 as part of an award of 3,000 restricted shares. These vested shares were valued at the NYSE closing market price on May 29, 2018. The remaining restrictions on these ordinary shares lapse as follows: 750 on May 28, 2019.
- F2225 shares were withheld from the 750 restricted shares that vested on May 30, 2018. These 225 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 Mr. Pahwa on May 30, 2014 as part of an award of 3,000 restricted shares. These vested shares were valued at the NYSE closing market price on May 30, 2018.
- F3375 shares were withheld from the 1,250 restricted shares that vested on May 30, 2018. These 375 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 1,250 ordinary shares were awarded to Mr. Pahwa on May 30, 2017 as part of an award of 2,500 restricted shares. These vested shares were valued at the NYSE closing market price on May 30, 2018. The remaining restrictions on these ordinary shares lapse as follows: 1,250 on May 30, 2019.
- F45,375 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 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.