Michael J. Tokich - Oct 22, 2021 Form 4 Insider Report for STERIS plc (STE)

Role: Sr. Vice Pres., CFO
Signature: /s/ Ronald E. Snyder, Authorized Representative under Power of Attorney
Stock symbol: STE
Transactions as of: Oct 22, 2021
Transactions value $: -$3,340,400
Form type: 4
Date filed: 10/25/2021, 04:32 PM
Previous filing: Oct 5, 2021
Next filing: Dec 27, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STE	Ordinary Shares	Options Exercise	$1.36M	+20K	+43.06%	$67.98	66.4K	Oct 22, 2021	Direct	F1
transaction	STE	Ordinary Shares	Sale	-$4.7M	-20K	-30.1%	$235.00	46.4K	Oct 22, 2021	Direct	F1, F2
holding	STE	Ordinary Shares						3.48K	Oct 22, 2021	See Footnote Below	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)	Options Exercise	$0	+20K		$0.00^*	0	Oct 22, 2021	Ordinary Shares	20K	$67.98	Direct	F4

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

Explanation of Responses:

Id	Content
F1	12,340 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 4,240 on May 31, 2022; 2,780 on May 31, 2023; 2,452 on June 3, 2024; 1,719 on June 3, 2024; 432 on October 1, 2024; 573 on June 2, 2025 and 144 on October 1, 2025.
F2	This exercise of stock options and sale of a total of 20,000 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on June 4, 2021.
F3	Units representing 3,478 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of October 22, 2021.
F4	This option to purchase 20,000 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 20,000 Old STERIS ordinary shares for $67.98 per share, subject to the same terms and conditions as the original Old STERIS stock option, except as otherwise required by law.