SEC Form 4 · accession 0001209191-19-003563
STERIS plc · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Adam Zangerle
Officer — Sr. VP, Gen Counsel, and Sec.
Period of report
Jan 11, 2019
Accepted (ET)
Jan 14, 2019 · 4:41 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 | Jan 11, 2019 | M | 1,750 | $36.09 | A | 32,546 | D | |
| Ordinary Shares, 10 pence par valueF2 | Jan 11, 2019 | S | 1,750 | $110.00 | D | 30,796 | 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)F3 | $36.09 | Jan 11, 2019 | M | 1,750 | D | — | May 31, 2021 | Ordinary Shares | 1,750 | 0 | D |
Explanation of responses
- F1This exercise and sale of a total of 1,750 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on November 9, 2018.
- F219,136 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 3,000 on May 28, 2019; 4,000 on October 1, 2019; 2,500 on June 1, 2020; 6,000 on June 1, 2021 and 3,636 on May 31, 2022.
- F3This option to purchase 3,500 STERIS plc ordinary shares, which is fully vested, was received in the Merger in exchange for an option to purchase 3,500 STERIS common shares for $36.09 per share, subject to the same terms and conditions as the original STERIS Corporation stock option.