SEC Form 4 · accession 0001209191-18-057749
STERIS plc · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Tokich
Officer — Sr. Vice Pres., CFO
Period of report
Nov 7, 2018
Accepted (ET)
Nov 8, 2018 · 4:32 pm EST
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 | Nov 7, 2018 | M | 14,500 | $36.09 | A | 64,958 | D | |
| Ordinary Shares, 10 pence par valueF1 | Nov 7, 2018 | S | 14,500 | $118.00 | D | 50,458 | D | |
| Ordinary Shares, 10 pence par valueF1 | Nov 7, 2018 | M | 20,000 | $29.94 | A | 70,458 | D | |
| Ordinary Shares, 10 pence par valueF1,F2 | Nov 7, 2018 | S | 20,000 | $120.00 | D | 50,458 | D | |
| Ordinary Shares, 10 pence par valueF3 | holding | — | — | — | 3,387 | I | See Footnote Below. |
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 | $36.09 | Nov 7, 2018 | M | 14,500 | D | — | May 31, 2021 | Ordinary Shares | 14,500 | 0 | D |
| Employee Stock Option (right to buy)F5 | $29.94 | Nov 7, 2018 | M | 20,000 | D | — | May 30, 2022 | Ordinary Shares | 20,000 | 0 | D |
Explanation of responses
- F1This exercise and sale of a total of 34,500 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on June 4, 2018.
- F225,940 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 7,000 on May 28, 2019; 4,000 on October 1, 2019; 4,700 on June 1, 2020; 6,000 on June 1, 2021; and 4,240 on May 31, 2022.
- F3Units representing 3,387 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of November 7, 2018.
- F4This option to purchase 14,500 STERIS plc ordinary shares, which is fully vested, was received in the Merger in exchange for an option to purchase 14,500 STERIS Corporation common shares for $36.09 per share, subject to the same terms and conditions as the original STERIS stock option.
- F5This option to purchase 20,000 STERIS plc ordinary shares, which is fully vested, was received in the Merger in exchange for an option to purchase 20,000 STERIS Corporation common shares for $29.94 per share, subject to the same terms and conditions as the original STERIS stock option.