SEC Form 4 · accession 0001209191-18-035128
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
May 31, 2018
Accepted (ET)
Jun 4, 2018 · 4:36 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 31, 2018 | A | 1,572 | $0.00 | A | 17,703 | D | |
| Ordinary Shares, 10 pence par valueF2,F3 | Jun 1, 2018 | F | 150 | $104.57 | D | 17,553 | 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 | 9,332 | A | — | May 31, 2028 | Ordinary Shares | 9,332 | 9,332 | D |
Explanation of responses
- F1All 1,572 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 393 on May 31, 2019; 393 on June 1, 2020; 393 on June 1, 2021 and 393 on May 31, 2022.
- F2150 shares were withheld from the 500 restricted shares that vested on June 1, 2018. These 150 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 500 ordinary shares were awarded to Ms. Bardwell on June 1, 2016 as part of an award of 2,000 restricted shares. These vested shares were valued at the NYSE closing market price on June 1, 2017. The remaining restrictions on these ordinary shares lapse as follows: 500 on June 3, 2019 and 500 on June 1, 2020.
- F35,447 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 375 on October 1, 2018; 625 on May 28, 2019; 500 on May 30, 2019; 393 on May 31, 2019; 500 on June 3, 2019; 375 on October 1, 2019; 500 on June 1, 2020; 500 on June 1, 2020; 393 on June 1, 2020; 500 on June 1, 2021; 393 on June 1, 2021 and 393 on May 31, 2022.
- F4This option becomes exercisable as follows: 2,333 on May 31, 2019; 2,333 on June 1, 2020; 2,333 on June 1, 2021 and 2,333 on May 31, 2022.