SEC Form 4 · accession 0001181431-15-007885
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
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 6:17 pm EDT
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 ValueF1,F2 | Jun 1, 2015 | F | 1,848 | $67.46 | D | 169,609 | D | |
| Common Shares, No Par ValueF3,F2 | Jun 1, 2015 | F | 2,464 | $67.46 | D | 167,145 | D | |
| Common Shares, No Par ValueF4,F2 | Jun 1, 2015 | F | 3,080 | $67.46 | D | 164,065 | D | |
| Common Shares, No Par ValueF5,F2,F9 | Jun 1, 2015 | F | 2,095 | $67.46 | D | 161,970 | D | |
| Common Shares, No Par ValueF6 | holding | — | — | — | 45,460 | I | See Footnote Below. | |
| Common Shares, No Par ValueF7 | holding | — | — | — | 40,000 | I | See Footnote Below. | |
| Common Shares, No Par ValueF8 | holding | — | — | — | 4,540 | I | See Footnote Below. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F11,848 shares were withheld from the 3,750 restricted shares that vested on June 1, 2015. These 1,848 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 3,750 shares were awarded to Mr. Rosebrough on May 31, 2011 as part of an award of 15,000 restricted shares. These vested shares were valued at the NYSE closing market price on June 1, 2015.
- F2Closing market price on the NYSE on the day on which the restricted shares vested.
- F32,464 shares were withheld from the 5,000 restricted shares that vested on June 1, 2015. These 2,464 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 5,000 shares were awarded to Mr. Rosebrough on May 30, 2012 as part of an award of 20,000 restricted shares. These vested shares were valued at the NYSE closing market price on June 1, 2015.
- F43,080 shares were withheld from the 6,250 restricted shares that vested on June 1, 2015. These 3.080 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 6,250 shares were awarded to Mr. Rosebrough on May 31, 2013 as part of an award of 25,000 restricted shares. These vested shares were valued at the NYSE closing market price on June 1, 2015.
- F52,095 shares were withheld from the 4,250 restricted shares that vested on June 1, 2015. These 2,095 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 4,250 shares were awarded to Mr. Rosebrough on May 30, 2014 as part of an award of 17,000 restricted shares. These vested shares were valued at the NYSE closing market price on June 1, 2015.
- F6These shares are held in a revocable trust of the Reporting Person's spouse as Trustee established for her benefit.
- F7These 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.
- F8These 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.
- F9131,720 of these Common Shares are held by the Reporting Person as Trustee of a revocable trust established for his benefit and 30,250 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: 5,000 on May 31, 2016; 6,250 on May 31, 2016; 6,250 on May 31, 2017; 4,250 on May 30, 2016; 4,250 on May 30, 2017 and 4,250 on May 30, 2018.