Jonathan M. Lyons - 05 Aug 2024 Form 4 Insider Report for Sotera Health Co (SHC)

Role
Sr. Vice President, CFO
Signature
Gregory S. Harvey, Attorney-in-Fact
Issuer symbol
SHC
Transactions as of
05 Aug 2024
Net transactions value
-$108,911
Form type
4
Filing time
07 Aug 2024, 16:20:10 UTC
Previous filing
06 Mar 2024
Next filing
04 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHC Common Stock, $0.01 par value per share ("Common Stock") Tax liability $108,911 -7,659 -6.5% $14.22 110,432 05 Aug 2024 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SHC Stock Options 81,676 05 Aug 2024 Common Stock 81,676 $14.59 Direct F4, F5
holding SHC Stock Options 33,640 05 Aug 2024 Common Stock 33,640 $16.89 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities represent the number of shares of Common Stock withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations due upon the vesting of 25,655 Restricted Stock Units ("RSUs"), which represents 33% of the RSU awards granted to the Reporting Person on August 7, 2023. These awards were granted pursuant to the terms of RSU agreements under the Sotera Health Company 2020 Omnibus Incentive Plan ("2020 Incentive Plan"). Each RSU represents the Reporting Person's right to receive one share of Common Stock, subject to vesting conditions.
F2 Represents the closing price of the Common Stock on August 5, 2024.
F3 These securities consist of 92,436 RSUs and 17,996 shares of Common Stock.
F4 No transaction is being reported on this line. Reported on a previously filed Form 4.
F5 These options were granted on March 4, 2024, pursuant to the terms of a stock option agreement under the 2020 Incentive Plan. The options vest annually in three equal installments commencing on March 2, 2025, subject to the Reporting Person's continued service through each such date.
F6 These options were granted on August 7, 2023, pursuant to the terms of a stock option agreement under the 2020 Incentive Plan. The options vest annually in three equal installments commencing August 5, 2024, subject to the Reporting Person's continued service through each such date.

Remarks:

The Power of Attorney for Mr. Lyons is filed as an exhibit to the Form 3 filed on July 6, 2023, which is hereby incorporated by reference.