STERIS plc — Director's Dealing 2019

Jun 21, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STERIS plc (STE)
CIK: 0001757898
Period of Report: 2019-06-20

Reporting Person: TOKICH MICHAEL J (Sr. Vice Pres., CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-20	Ordinary Shares	M	2014	$45.34	Acquired	52579	Direct
2019-06-20	Ordinary Sahres	S	2014	$146.12	Disposed	50565	Direct
2019-06-21	Ordinary Shares	M	19986	$45.34	Acquired	70551	Direct
2019-06-21	Ordinary Shares	S	13696	$143.17	Disposed	56855	Direct
2019-06-21	Ordinary Shares	S	6290	$144.07	Disposed	50565	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-20	Employee Stock Option (right to buy)	$45.34	M	2014	Disposed	2023-05-31	Ordinary Shares (22000)	Direct
2019-06-21	Employee Stock Option (right to buy)	$45.34	M	19986	Disposed	2023-05-31	Ordinary Shares (19986)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	3405	Indirect

Footnotes

F1: This Exercise and sale of a total of 2,014 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on May 22, 2019.

F2: This option to purchase 22,000 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 22,000 Old STERIS ordinary shares for $45.34 per share, subject to the same terms and conditions as the original Old STERIS stock option, except as otherwise required by law.

F3: Price reflects a weighted average sale price for multiple transactions ranging from $146.00 to $146.62 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: This Exercise and sale of a total of 19,986 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on May 22, 2019.

F5: Price reflects a weighted average sale price for multiple transactions ranging from $142.75 to $143.74 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.

F6: Price reflects a weighted average sale price for multiple transactions ranging from $143.77 to $144.52 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.

F7: 21,720 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 4,000 on October 1, 2019; 4,700 on June 1, 2020; 6,000 on June 1, 2021; 4,240 on May 31, 2022 and 2,780 on May 31, 2023.

F8: Units representing 3,405 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of June 20, 2019.