SEC Form 4 · accession 0001209191-18-034739
STERIS plc · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Renato Tamaro
Officer — V.P. & Corporate Treasurer
Period of report
May 30, 2018
Accepted (ET)
Jun 1, 2018 · 4:54 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 30, 2018 | F | 145 | $104.57 | D | 3,767 | D | |
| Ordinary Shares, 10 pence par valueF2,F3 | May 31, 2018 | A | 484 | $0.00 | A | 4,251 | 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)F4 | $114.22 | May 31, 2018 | A | 2,872 | A | — | May 31, 2028 | Ordinary Shares | 2,872 | 2,872 | D |
Explanation of responses
- F1145 shares were withheld from the 500 restricted shares that vested on May 30, 2018. These 145 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 500 shares were awarded to Mr. Tamaro on May 30, 2014 as part of an award of 500 restricted shares. These vested shares were valued at the NYSE closing market price on May 30, 2018.
- F2All 484 of these Common Shares are restricted. The restrictions on these Common Shares lapse as follows: 484 on May 31, 2022.
- F32,396 of these shares are restricted. The restrictions on the ordinary shares lapse as follows: 500 on May 28, 2019; 600 on October 1, 2019; 400 on June 1, 2020; 412 on June 1, 2021 and 484 on May 31, 2022.
- F4This option becomes exercisable as follows: 718 on May 31, 2019; 718 on June 1, 2020; 718 on June 1, 2021 and 718 on May 31, 2022.