Michael J. Tokich - 31 May 2023 Form 4 Insider Report for STERIS plc (STE)

Role
Sr. Vice Pres., CFO
Signature
/s/ Ronald E. Snyder, Authorized Representative under Power of Attorney
Issuer symbol
STE
Transactions as of
31 May 2023
Net transactions value
-$165,975
Form type
4
Filing time
02 Jun 2023, 16:30:38 UTC
Previous filing
03 Jun 2022
Next filing
17 May 2024
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 $165,975 -830 -2.1% $199.97 38,585 31 May 2023 Direct F1, F2
transaction STE Ordinary Shares Award $0 +3,879 +10% $0.000000 42,464 31 May 2023 Direct F2
holding STE Ordinary Shares 3,527 31 May 2023 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) Award $0 +26,964 $0.000000 26,964 31 May 2023 Ordinary Shares 26,964 $219.97 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 830 shares were withheld from the 2,780 restricted shares that vested on May 31, 2023. These 830 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 2,780 ordinary shares were awarded to Mr. Tokich on May 31, 2019. These vested shares were valued at the NYSE closing market price on May 31, 2023.
F2 As of May 31, 2023, 11,455 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 1,293 on May 31, 2024; 2,452 on June 3, 2024; 1,719 on June 3, 2024; 1,128 on June 3, 2024; 432 on October 1, 2024; 1,293 on June 2, 2025; 573 on June 2, 2025; 564 on June 2, 2025; 144 on October 1, 2025; 1,293 on June 1, 2026 and 564 on June 2, 2026.
F3 Units representing 3,527 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of May 31, 2023.
F4 This option becomes exercisable as follows: 6,741 on May 31, 2024; 6,741 on June 2, 2025; 6,741 on June 1, 2026 and 6,741 on June 1, 2027.