Cary L. Majors - Aug 13, 2021 Form 4 Insider Report for STERIS plc (STE)

Role
Sr VP N America Com Operations
Signature
/s/ Ronald E. Snyder, Authorized Representative under Power of Attorney
Stock symbol
STE
Transactions as of
Aug 13, 2021
Transactions value $
-$2,402,926
Form type
4
Date filed
8/17/2021, 04:34 PM
Previous filing
Jun 3, 2021
Next filing
Oct 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STE Ordinary Shares Award $0 +10K +66.87% $0.00 25K Aug 13, 2021 Direct F1
transaction STE Ordinary Shares Sale -$2.18M -10K -40.07% $218.43 15K Aug 13, 2021 Direct F1, F2
transaction STE Ordinary Shares Sale -$153K -701 -4.69% $218.62 14.3K Aug 13, 2021 Direct F1
transaction STE Ordinary Shares Sale -$65.4K -299 -2.1% $218.64 14K Aug 13, 2021 Direct F1

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) Award $0 +10K $0.00 4.93K Aug 13, 2021 Ordinary Shares 10K $114.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 9,084 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 2,520 on May 31, 2022; 2,224 on May 31, 2023; 2,376 on June 3, 2024 and 1,964 on June 2, 2025.
F2 Price reflects a weighted average sale price for multiple transactions ranging from $218.35 to $218.53 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.
F3 This option is part of an option to purchase 14,932 STERIS ordinary shares, of which 11,199 are fully vested, and 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 14,932 Old STERIS ordinary shares for $114.22 per share, subject to the same terms and conditions as the original Old STERIS stock option, except as otherwise required by law.