Mary Clare Fraser - 01 Jun 2022 Form 4 Insider Report for STERIS plc (STE)

Signature
/s/ Ronald E. Snyder, Authorized Representative under Power of Attorney
Issuer symbol
STE
Transactions as of
01 Jun 2022
Net transactions value
-$52,043
Form type
4
Filing time
03 Jun 2022, 16:56:40 UTC
Previous filing
05 Oct 2021
Next filing
02 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STE Ordinary Shares Tax liability $52,043 -235 -4.3% $221.46 5,223 01 Jun 2022 Direct F1, F2
transaction STE Ordinary Shares Award $0 +2,028 +39% $0.000000 7,251 02 Jun 2022 Direct 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) Award $0 +9,224 $0.000000 9,224 02 Jun 2022 Ordinary Shares 9,224 $250.06 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 235 shares were withheld from the 791 restricted shares that vested on June 1, 2022. These 235 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 791 ordinary shares were awarded to Ms. Fraser on August 4, 2020. These vested shares were valued at the NYSE closing market price on June 1, 2022.
F2 As of June 2, 2022, 6,138 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 791 on June 1, 2023; 791 on June 1, 2024; 1,836 on June 2, 2025; 692 on October 1, 2025 and 2,028 on June 2, 2026.
F3 This option becomes exercisable as follows: 2,306 on June 2, 2023, 2,306 on June 3, 2024, 2,306 on June 2, 2025 and 2,306 on June 2, 2026.