Julia Madsen - 01 Oct 2021 Form 4 Insider Report for STERIS plc (STE)

Role: Senior VP, Life Sciences
Signature: /s/ Ronald E. Snyder, Authorized Representative under Power of Attorney
Issuer symbol: STE
Transactions as of: 01 Oct 2021
Net transactions value: -$27,632
Form type: 4
Filing time: 05 Oct 2021, 16:57:29 UTC
Previous filing: 03 Jun 2021
Next filing: 02 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STE	Ordinary Shares	Award	$0	+576	+9.8%	$0.000000	6,433	01 Oct 2021	Direct	F1, F2
transaction	STE	Ordinary Shares	Disposed to Issuer	$27,632	-121	-1.9%	$228.36	6,312	01 Oct 2021	Direct	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
transaction	STE	Employee Stock Option (right to buy)	Award	$0	+3,152		$0.000000	3,152	01 Oct 2021	Ordinary Shares	3,152	$228.36	Direct	F4

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

Explanation of Responses:

Id	Content
F1	All 576 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 144 on October 3, 2022; 144 on October 2, 2023; 144 on October 1, 2024 and 144 on October 1, 2025.
F2	3,737 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 121 on May 31, 2022; 92 on May 31, 2022; 123 on June 1, 2022; 360 on June 2, 2022; 349 on October 3, 2022; 144 on October 3, 2022; 92 on May 31, 2023; 123 on June 1, 2023; 360 on June 2, 2023; 349 on October 2, 2023; 144 on October 2, 2023; 23 on June 3, 2024; 360 on June 3, 2024; 349 on October 1, 2024; 144 on October 1, 2024; 360 on June 2, 2025 and 144 on October 1, 2025.
F3	121 shares were withheld from the 349 restricted shares that vested on October 1, 2021. These 121 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 349 restricted shares were part of an award of 1,396 ordinary shares that were awarded to Ms. Madsen on October 1, 2020. These vested shares were valued at the NYSE closing market price on October 1, 2021.
F4	This option becomes exercisable as follows: 788 on October 3, 2022; 788 on October 2, 2023; 788 on October 1, 2024 and 788 on October 1, 2025.