Michael J. Tokich - 03 Jun 2024 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
03 Jun 2024
Net transactions value
-$542,835
Form type
4
Filing time
05 Jun 2024, 16:35:51 UTC
Previous filing
04 Jun 2024
Next filing
06 Jun 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 $251,207 -1,100 -2.6% $228.37 40,784 03 Jun 2024 Direct F1
transaction STE Ordinary Shares Tax liability $176,073 -771 -1.9% $228.37 40,013 03 Jun 2024 Direct F2
transaction STE Ordinary Shares Tax liability $115,555 -506 -1.3% $228.37 39,507 03 Jun 2024 Direct F3, F4
holding STE Ordinary Shares 3,557 03 Jun 2024 See Footnote Below F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,100 shares were withheld from the 2,452 restricted shares that vested on June 3, 2024. These 1,100 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 2,452 ordinary shares were awarded to Mr. Tokich on June 1, 2020. These vested shares were valued at the NYSE closing market price on June 3, 2024.
F2 771 shares were withheld from the 1,719 restricted shares that vested on June 3, 2024. These 771 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 1,719 ordinary shares were awarded to Mr. Tokich on June 2, 2021. These vested shares were valued at the NYSE closing market price on June 3, 2024.
F3 506 shares were withheld from the 1,128 restricted shares that vested on June 3, 2024. These 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 1,128 ordinary shares were awarded to Mr. Tokich on June 2, 2022. These vested shares were valued at the NYSE closing market price on June 3, 2024.
F4 As of June 3, 2024, 4,863 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 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.
F5 Units representing 3,557 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of May 31, 2024.