SEC Form 4 · accession 0001209191-18-035150
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
Jun 1, 2018
Accepted (ET)
Jun 4, 2018 · 4:43 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 | Jun 1, 2018 | F | 188 | $104.57 | D | 13,162 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1188 shares were withheld from the 625 restricted shares that vested on June 1, 2018. These 188 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 625 ordinary shares were awarded to Mr. Pahwa on June 1, 2016 as part of an award of 2,500 restricted shares. These vested shares were valued at the NYSE closing market price on June 1, 2018. The remaining restrictions on these ordinary shares lapse as follows: 625 on June 3, 2019 and 625 on June 1, 2020.
- F24,750 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 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.