SEC Form 4 · accession 0001181431-15-007887
STERIS CORP · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Tokich
Officer — SVP, CFO & Treasurer
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 6:22 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,F3 | Jun 1, 2015 | F | 1,213 | $67.46 | D | 32,128 | D | |
| Common Shares, No Par ValueF4 | holding | — | — | — | 3,003 | I | See Footnote Below. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F11,213 shares were withheld from the 3,700 restricted shares that vested on June 1, 2015. These 1,213 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 3,700 shares were awarded to Mr. Tokich on May 31, 2011 as part of an award of 3,700 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.
- F318,500 of these Common Shares are restricted. The restrictions on these Common Shares lapse as follows: 7,000 on May 31, 2016; 7,000 on May 31, 2017 and 4,500 on May 30, 2018.
- F4Represents 3,071.342 units of the STERIS Corporation 401(k) Plan STERIS Stock Fund which equals 3,003 Common share equivalents as of June 1, 2015.