Cary L. Majors - Jun 5, 2024 Form 4 Insider Report for STERIS plc (STE)

Signature
/s/ Ronald E. Snyder, Authorized Representative under Power of Attorney
Stock symbol
STE
Transactions as of
Jun 5, 2024
Transactions value $
-$569,202
Form type
4
Date filed
6/7/2024, 04:32 PM
Previous filing
Jun 6, 2024
Next filing
Nov 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STE Ordinary Shares Options Exercise $563K +4.93K +37.78% $114.22 18K Jun 5, 2024 Direct
transaction STE Ordinary Shares Sale -$1.13M -4.93K -27.42% $229.63 13.1K Jun 5, 2024 Direct F1, F2
holding STE Ordinary Shares 67 Jun 5, 2024 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) Options Exercise $0 -4.93K -100% $0.00* 0 Jun 5, 2024 Ordinary Shares 14.9K $114.22 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price reflects a weighted average sale price for multiple transactions ranging from $229.2550 to $229.9900 per share, inclusive. The Reporting Person undertakes to provide, upon request by the SEC Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2 As of June 4, 2024, 9,872 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 1,964 on June 2, 2025; 692 on October 1, 2025; 2,697 on June 1, 2026; 2,140 on June 2, 2026 and 2,379 on June 4, 2027.
F3 Units representing 67 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of May 31, 2024.
F4 This option to purchase 14,932 STERIS plc ordinary shares, which is fully vested, was received in connection with the redomiciliation of STERIS plc to Ireland in March 2019 in exchange for an option to purchase 14,932 ordinary shares for $114.22 per share in STERIS plc prior to the redomiciliation ("Old STERIS"), subject to the same terms and conditions as the original Old STERIS stock option.