John Adam Zangerle - Jun 1, 2022 Form 4 Insider Report for STERIS plc (STE)

Role
Sr. VP, Gen Counsel, and Sec.
Signature
/s/ Ronald E. Snyder, Authorized Representative under Power of Attorney
Stock symbol
STE
Transactions as of
Jun 1, 2022
Transactions value $
-$149,486
Form type
4
Date filed
6/3/2022, 04:57 PM
Previous filing
Jun 2, 2022
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STE Ordinary Shares Tax liability -$149K -675 -2.39% $221.46 27.6K Jun 1, 2022 Direct F1, F2
transaction STE Ordinary Shares Award $0 +3.38K +12.27% $0.00 31K Jun 2, 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 +15.4K $0.00 15.4K Jun 2, 2022 Ordinary Shares 15.4K $250.06 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 675 shares were withheld from the 1,504 restricted shares that vested on June 1, 2022. These 675 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 1,504 ordinary shares were awarded to Mr. Zangerle on June 1, 2020. These vested shares were valued at the NYSE closing market price on June 1, 2022.
F2 As of June 2, 2022, 9,806 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 819 on June 2, 2022; 202 on October 3, 2022; 834 on May 31, 2023; 752 on June 1, 2023; 846 on June 2, 2023; 819 on June 2, 2023; 202 on October 2, 2023; 846 on June 3, 2024; 752 on June 3, 2024; 819 on June 3, 2024; 202 on October 1, 2024; 819 on June 2, 2025; 846 on June 2, 2025; 202 on October 1, 2025 and 846 on June 2, 2026.
F3 This option becomes exercisable as follows: 3,843 on June 2, 2023, 3,843 on June 3, 2024, 3,843 on June 2, 2025 and 3,843 on June 2, 2026.