Daniel A. Carestio - May 31, 2023 Form 4 Insider Report for STERIS plc (STE)

Role
President and CEO, Director
Signature
/s/ Ronald E. Snyder, Authorized Representative under Power of Attorney
Stock symbol
STE
Transactions as of
May 31, 2023
Transactions value $
-$301,155
Form type
4
Date filed
6/2/2023, 04:30 PM
Previous filing
Oct 5, 2022
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STE Ordinary Shares Tax liability -$301K -1.51K -3.8% $199.97 38.1K May 31, 2023 Direct F1, F2
transaction STE Ordinary Shares Award $0 +12.9K +33.93% $0.00 51K May 31, 2023 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 +89.8K $0.00 89.8K May 31, 2023 Ordinary Shares 89.8K $219.97 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,506 shares were withheld from the 5,008 restricted shares that vested on May 31, 2023. These 1,506 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 5,008 ordinary shares were awarded to Mr. Carestio 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, 33,755 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 3,324 on June 1, 2023; 3,028 on June 2, 2023; 2,369 on June 2, 2023; 289 on October 2, 2023; 4,308 on May 31, 2024; 1,108 on June 3, 2024; 2,369 on June 3, 2024; 1,514 on June 3, 2024; 289 on October 1, 2024; 4,308 on June 2, 2025; 1,514 on June 2, 2025; 2,369 on June 2, 2025; 289 on October 1, 2025; 4,308 on June 1, 2026 and 2,369 on June 2, 2026.
F3 This option becomes exercisable as follows: 22,452 on May 31, 2024; 22,452 on June 2, 2025; 22,452 on June 1, 2026 and 22,452 on June 1, 2027.