SEC Form 4 · accession 0001181431-15-007892
STERIS CORP · STE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sudhir K Pahwa
Officer — Sr. V.P., IPT
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 6:33 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 | 240 | $67.46 | D | 20,300 | D | |
| Common Shares, No Par ValueF3,F2 | Jun 1, 2015 | F | 410 | $67.46 | D | 19,890 | D | |
| Common Shares, No Par ValueF4,F2 | Jun 1, 2015 | F | 354 | $67.46 | D | 19,536 | D | |
| Common Shares, No Par ValueF5,F2,F6 | Jun 1, 2015 | F | 247 | $67.46 | D | 19,289 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1240 shares were withheld from the 750 restricted shares that vested on June 1, 2015. These 240 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 750 shares were awarded to Mr. Pahwa on May 31, 2011 as part of an award of 3,000 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.
- F3410 shares were withheld from the 1,250 restricted shares that vested on June 1, 2015. These 410 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 1,250 shares were awarded to Mr. Pahwa on May 30, 2012 as part of an award of 5,000 restricted shares. These vested shares were valued at the NYSE closing market price on June 1, 2015.
- F4354 shares were withheld from the 1,075 restricted shares that vested on June 1, 2015. These 354 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 1,075 shares were awarded to Mr. Pahwa on May 31, 2013 as part of an award of 4,300 restricted shares. These vested shares were valued at the NYSE closing market price on June 1, 2015.
- F5247 shares were withheld from the 750 restricted shares that vested on June 1, 2015. These 247 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 750 shares were awarded to Mr. Pahwa on May 30, 2014 as part of an award of 3,000 restricted shares. These vested shares were valued at the NYSE closing market price on June 1, 2015.
- F65,650 of these Common Shares are restricted. The restrictions on these Common Shares lapse as follows: 1,250 on May 31, 2016; 1,075 on May 31, 2016; 1,075 on May 31, 2017; 750 on May 30, 2016; 750 on May 30, 2017 and 750 on May 30, 2018. 2,027.6908 of these Common Shares are jointly held by the Reporting Person and his spouse in a joint brokerage account.