John Adam Zangerle - May 31, 2023 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
May 31, 2023
Transactions value $
-$49,793
Form type
4
Date filed
6/2/2023, 04:31 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 -$49.8K -249 -0.89% $199.97 27.6K May 31, 2023 Direct F1, F2
transaction STE Ordinary Shares Award $0 +3.47K +12.58% $0.00 31.1K 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 +19.5K $0.00 19.5K May 31, 2023 Ordinary Shares 19.5K $219.97 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 249 shares were withheld from the 834 restricted shares that vested on May 31, 2023. These 249 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 834 ordinary shares were awarded to Mr. Zangerle 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, 11,422 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 752 on June 1, 2023; 846 on June 2, 2023; 819 on June 2, 2023; 202 on October 2, 2023; 1,157 on May 31, 2024; 846 on June 3, 2024; 752 on June 3, 2024; 819 on June 3, 2024; 202 on October 1, 2024; 1,157 on June 2, 2025; 819 on June 2, 2025; 846 on June 2, 2025; 202 on October 1, 2025; 1,157 on June 1, 2026 and 846 on June 2, 2026.
F3 This option becomes exercisable as follows: 4,870 on May 31, 2024; 4,870 on June 2, 2025; 4,870 on June 1, 2026 and 4,870 on June 1, 2027.