SEC Form 4 · accession 0001181431-15-002322

STERIS CORP · STE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Walter M Rosebrough Jr.

Officer — President & CEO · Director

Period of report

Feb 10, 2015

Accepted (ET)

Feb 11, 2015 · 5:49 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000815065

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Shares, No Par Value	Feb 10, 2015	M	60,600	$31.87	A	185,347	D
Common Shares, No Par Value^F1	Feb 10, 2015	F	42,505	$66.10	D	142,842	D
Common Shares, No Par Value	Feb 10, 2015	M	63,750	$36.09	A	206,592	D
Common Shares, No Par Value^F1	Feb 10, 2015	F	49,088	$66.10	D	157,504	D
Common Shares, No Par Value	Feb 10, 2015	M	36,000	$29.94	A	193,504	D
Common Shares, No Par Value^F1	Feb 10, 2015	F	26,024	$66.10	D	167,480	D
Common Shares, No Par Value	Feb 10, 2015	M	25,000	$45.34	A	192,480	D
Common Shares, No Par Value^F1,F2	Feb 10, 2015	F	21,023	$66.10	D	171,457	D
Common Shares, No Par Value^F3	holding	—	—		—	45,460	I	See Footnote Below.
Common Shares, No Par Value^F4	holding	—	—		—	40,000	I	See Footnote Below.
Common Shares, No Par Value^F5	holding	—	—		—	4,540	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)^F6	$31.87	Feb 10, 2015	M	60,600	D	—	May 20, 2020	Common Shares, No Par Value	60,600	0	D
Employee Stock Option (right to buy)^F7	$36.09	Feb 10, 2015	M	63,750	D	—	May 31, 2021	Common Shares, No Par Value	63,750	21,250	D
Employee Stock Option (right to buy)^F8	$29.94	Feb 10, 2015	M	36,000	D	—	May 30, 2022	Common Shares, No Par Value	36,000	36,000	D
Employee Stock Option (right to buy)^F9	$45.34	Feb 10, 2015	M	25,000	D	—	May 31, 2023	Common Shares, No Par Value	25,000	75,000	D

Explanation of responses

F1Closing market price on the NYSE on the day on which the cashless stock option transaction occurred.
F2121,957 of these Common Shares are held by the Reporting Person as Trustee of a revocable trust established for his benefit and 49,500 of these Common Shares are restricted and also are held by the Reporting Person as Trustee of a revocable trust established for his benefit. The restrictions on the restricted Common Shares lapse as follows: 3,750 on June 1, 2015; 5,000 on June 1, 2015; 5,000 on May 31, 2016; 6,250 on June 1, 2015; 6,250 on May 31, 2016; 6,250 on May 31, 2017; 4,250 on June 1, 2015; 4,250 on May 30, 2016; 4,250 on May 30, 2017 and 4,250 on May 30, 2018.
F3These shares are held in a revocable trust of the Reporting Person's spouse as Trustee established for her benefit.
F4These shares are held in an irrevocable trust of the Reporting Person as Trustee established for the benefit of the children of the Reporting Person and the Reporting Person's Spouse.
F5These shares are held in an irrevocable trust of the Reporting Person as Trustee established for the benefit of the grandchildren of the Reporting Person and the Reporting Person's Spouse.
F6These options became exercisable as follows: 15,150 on May 20, 2011; 15,150 on May 20, 2012; 15,150 on May 20, 2013; and 15,150 on May 20, 2014.
F7These options became exercisable as follows: 21,250 on May 31, 2012; 21,250 on May 31, 2013; and 21,250 on May 31, 2014.
F8These options became exercisable as follows: 18,000 on May 30, 2013; and 18,000 on May 30, 2014.
F9These options became exercisable as follows: 25,000 on May 31, 2014.