SEC Form 4 · accession 0001209191-15-065204

STERIS CORP · STE

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

Reporting owner

Officer — President & CEO · Director

Period of report

Aug 10, 2015

Accepted (ET)

Aug 11, 2015 · 4:09 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 Value	Aug 10, 2015	M	21,250	$36.09	A	187,720	D
Common Shares, No Par Value^F1	Aug 10, 2015	F	16,012	$67.98	D	171,708	D
Common Shares, No Par Value	Aug 10, 2015	M	18,000	$29.94	A	189,708	D
Common Shares, No Par Value^F1	Aug 10, 2015	F	12,707	$67.98	D	177,001	D
Common Shares, No Par Value	Aug 10, 2015	M	25,000	$45.34	A	201,001	D
Common Shares, No Par Value^F1,F2	Aug 10, 2015	F	20,625	$67.98	D	181,376	D
Common Shares, No Par Value^F3	holding	—	—		—	45,460	I	See Footnote Below.
Common Shares, No Par Value^F4	holding	—	—		—	30,000	I	See Footnote Below.
Common Shares, No Par Value^F5	holding	—	—		—	4,540	I	See Footnote Below.

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	$36.09	Aug 10, 2015	M	21,250	D	—	May 31, 2021	Common Shares, No Par Value	21,250	0	D
Employee Stock Option (right to buy)^F7	$29.94	Aug 10, 2015	M	18,000	D	—	May 30, 2022	Common Shares, No Par Value	18,000	18,000	D
Employee Stock Option (right to buy)^F8	$45.34	Aug 10, 2015	M	25,000	D	—	May 31, 2023	Common Shares, No Par Value	25,000	50,000	D

F1Closing market price on the NYSE on the day on which the cashless stock option transaction occurred.
F2These 181,376 Common Shares are held by the Reporting Person as Trustee of a revocable trust established for his benefit. 44,750 of these Common Shares are restricted. 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, 4,250 on May 30, 2018, 3,625 on May 30, 2016, 3,625 on May 29, 2017, 3,625 on May 28, 2018, and 3,625 on May 28, 2019.
F3These shares are held by the Reporting Person's Spouse as Trustee of a revocable trust established for her benefit.
F4These shares are held by the Reporting Person as Trustee of an irrevocable trust established for the benefit of the children of the Reporting Person and the Reporting Person's Spouse.
F5These shares are held by the Reporting Person as Trustee of an irrevocable trust established for the benefit of the grandchildren of the Reporting Person and the Reporting Person's Spouse.
F6These options became exercisable as follows: 21,250 on May 31, 2015.
F7These options became exercisable as follows: 18,000 on May 30, 2015.
F8These options became exercisable as follows: 25,000 on May 31, 2015.