John Adam Zangerle - 01 Jun 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
Issuer symbol
STE
Transactions as of
01 Jun 2022
Net transactions value
-$149,486
Form type
4
Filing time
03 Jun 2022, 16:57:26 UTC
Previous filing
02 Jun 2022
Next filing
06 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 Tax liability $149,486 -675 -2.4% $221.46 27,579 01 Jun 2022 Direct F1, F2
transaction STE Ordinary Shares Award $0 +3,384 +12% $0.000000 30,963 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 +15,372 $0.000000 15,372 02 Jun 2022 Ordinary Shares 15,372 $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.