STERIS plc — Director's Dealing 2019

Aug 8, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STERIS plc (STE)
CIK: 0001757898
Period of Report: 2019-08-07

Reporting Person: Rosebrough Walter M Jr (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-07	Ordinary Shares	M	67000	$67.98	Acquired	119123	Direct
2019-08-07	Ordinary Shares	S	37721	$149.93	Disposed	81402	Direct
2019-08-07	Ordinary Shares	S	20779	$150.83	Disposed	60623	Direct
2019-08-08	Ordinary Shares	M	44000	$67.98	Acquired	104623	Direct
2019-08-08	Ordinary Shares	S	32865	$153.65	Disposed	71758	Direct
2019-08-08	Ordinary Shares	S	11135	$154.32	Disposed	60623	Direct
2019-08-07	Ordinary Shares	G	7000	$0.00	Disposed	6000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-07	Employee Stock Option (right to buy)	$67.98	M	67000	Disposed	2025-08-10	Ordinary Shares (67000)	Direct
2019-08-08	Employee Stock Option (right to buy)	$67.98	M	44000	Disposed	2025-08-10	Ordinary Shares (44000)	Direct

Footnotes

F1: Price reflects a weighted average sale price for multiple transactions ranging from $149.44 to $150.40 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: Price reflects a weighted average sale price for multiple transactions ranging from $150.48 to $151.31 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.

F3: Price reflects a weighted average sale price for multiple transactions ranging from $153.02 to $154.01 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.

F4: Price reflects a weighted average sale price for multiple transactions ranging from $154.02 to $154.56 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.

F5: These 60,623 ordinary shares are held by the reporting person as trustee of a revocable trust established for his benefit. 32,360 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 4,681 on June 1, 2020; 4,000 on June 1, 2020; 3,097 on June 1, 2020; 2,597 on June 1, 2020; 4,000 on June 1, 2021; 3,097 on June 1, 2021; 2,597 on June 1, 2021; 3,097 on May 31, 2022; 2,597 on May 31, 2022; and 2,597 on May 31, 2023.

F6: These ordinary shares are held by the reporting person's spouse as trustee of a revocable trust established for her benefit.

F7: This option to purchase 111,000 STERIS ordinary shares, which is fully vested, was received in conjunction with the Redomiciliation of the entity organized under the laws of the U.K. and formerly named STERIS plc ("Old STERIS") in exchange for an option to purchase 111,000 Old STERIS ordinary shares for $67.98 per share, subject to the same terms and conditions as the original Old STERIS stock option, except as otherwise required by law.