SEC Form 4 · accession 0001209191-18-034412
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
May 29, 2018
Accepted (ET)
May 31, 2018 · 5:15 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 | S | 10,697 | $102.91 | D | 52,573 | D | |
| Ordinary Shares, 10 pence par valueF2 | May 29, 2018 | F | 1,626 | $103.97 | D | 50,947 | D | |
| Ordinary Shares, 10 pence par valueF3 | May 30, 2018 | F | 2,842 | $104.57 | D | 48,105 | D | |
| Ordinary Shares, 10 pence par valueF4,F5 | May 30, 2018 | F | 2,211 | $104.57 | D | 45,894 | D | |
| Ordinary Shares, 10 pence par valueF6 | holding | — | — | — | 43,806 | I | See Footnote Below. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This represents the average sales price of the 10,697 shares sold in the open market. The actual sales prices ranged from $102.73 per share to $103.23 per share. The Reporting Person, upon request by the SEC staff, will provide full information regarding the number of shares sold at each of the separate sales prices
- F21,626 shares were withheld from the 3,625 restricted shares that vested on May 29, 2018. These 1,626 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 3,625 ordinary shares were awarded to Mr. Rosebrough on August 10, 2015 as part of an award of 14,500 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: 3,625 on May 28, 2019.
- F32,842 shares were withheld from the 4,250 restricted shares that vested on May 30, 2018. These 2,842 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 4,250 ordinary shares were awarded to Mr. Rosebrough on May 30, 2014 as part of an award of 17,000 restricted shares. These vested shares were valued at the NYSE closing market price on May 30, 2018.
- F42,211 shares were withheld from the 4,000 restricted shares that vested on May 30, 2018. These 2,211 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 4,000 ordinary shares were awarded to Mr. Rosebrough on May 30, 2017 as part of an award of 16,000 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: 4,000 on May 30, 2019; 4,000 on May 30, 2020; and 4,000 on May 30, 2021.
- F5These 45,894 ordinary shares are held by the Reporting Person as Trustee of a revocable trust established for his benefit. 29,668 of these Ordinary Shares are restricted. The restrictions on the restricted Ordinary Shares lapse as follows: 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.
- F6These ordinary shares are held by the Reporting Person's Spouse as Trustee of a revocable trust established for her benefit.