Cynthia L. Feldmann - 25 May 2021 Form 4 Insider Report for STERIS plc (STE)

Role: Director
Signature: /s/ Ronald E. Snyder, Authorized Representative under Power of Attorney
Issuer symbol: STE
Transactions as of: 25 May 2021
Net transactions value: -$493,268
Form type: 4
Filing time: 26 May 2021, 16:35:01 UTC
Next filing: 11 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STE	Ordinary Shares	Options Exercise	$135,146	+2,110	+299%	$64.05	2,815	25 May 2021	Direct
transaction	STE	Ordinary Shares	Sale	$402,672	-2,110	-75%	$190.84	705	25 May 2021	Direct	F1
transaction	STE	Ordinary Shares	Options Exercise	$134,946	+1,890	+268%	$71.40	2,595	25 May 2021	Direct
transaction	STE	Ordinary Shares	Sale	$360,688	-1,890	-73%	$190.84	705	25 May 2021	Direct	F1
holding	STE	Ordinary Shares						8,663	25 May 2021	See Footnote below	F2

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
transaction	STE	Employee Stock Option (right to buy)	Options Exercise	$0	+2,110		$0.000000^*	0	25 May 2021	Ordinary Shares	2,110	$64.05	Direct	F3
transaction	STE	Employee Stock Option (right to buy)	Options Exercise	$0	+1,890	+189000%	$0.000000	1,891	25 May 2021	Ordinary Shares	1,890	$71.40	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Price reflects a weighted average sale price for multiple transactions ranging from $190.78 to $191.03 per share, inclusive. The Reporting Person undertakes to provide, upon request by the SEC Staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2	These ordinary shares are held in the Cynthia L. Feldmann Revocable Trust, with Ms. Feldmann and her husband as Trustees.
F3	This option to purchase 2,110 STERIS ordinary shares, which is fully vested, was received in conjunction with the Redomiciliation of the entity organized under the laws of the U.K. and formerly named STERIS plc ("Old STERIS") in exchange for an option to purchase 2,110 Old STERIS ordinary shares for $64.05 per share, subject to the same terms and conditions as the original Old STERIS stock option, except as otherwise required by law.
F4	This option is part of an option to purchase 3,781 STERIS ordinary shares, which are fully vested, which was received in conjunction with the Redomiciliation of the entity organized under the laws of the U.K. and formerly named STERIS plc ("Old STERIS") in exchange for an option to purchase 3,781 Old STERIS ordinary shares for $71.40 per share, subject to the same terms and conditions as the original Old STERIS stock option, except as otherwise required by law.