Michael J. Tokich - May 31, 2022 Form 4 Insider Report for STERIS plc (STE)

Signature
/s/ Ronald E. Snyder, Authorized Representative under Power of Attorney
Stock symbol
STE
Transactions as of
May 31, 2022
Transactions value $
-$293,237
Form type
4
Date filed
6/2/2022, 07:05 PM
Previous filing
Apr 8, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STE Ordinary Shares Tax liability -$293K -1.29K -3.34% $228.20 37.2K May 31, 2022 Direct F1, F2
holding STE Ordinary Shares 3.49K May 31, 2022 See Footnote Below F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,285 shares were withheld from the 4,240 restricted shares that vested on May 31, 2022. These 1,285 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 4,240 ordinary shares were awarded to Mr. Tokich on May 31, 2018. These vested shares were valued at the NYSE closing market price on May 31, 2022.
F2 8,100 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 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.
F3 Units representing 3,490 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of May 31, 2022.