STERIS plc — Director's Dealing 2020

Aug 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STERIS plc (STE)
CIK: 0001757898
Period of Report: 2020-08-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-06	Ordinary Shares	M	28085	$69.72	Acquired	96387	Direct
2020-08-06	Ordinary Shares	S	10131	$155.24	Disposed	86256	Direct
2020-08-06	Ordinary Shares	S	3415	$156.38	Disposed	82841	Direct
2020-08-06	Ordinary Shares	S	6539	$157.27	Disposed	76302	Direct
2020-08-06	Ordinary Shares	M	51000	$77.07	Acquired	127302	Direct
2020-08-06	Ordinary Shares	S	35867	$155.29	Disposed	91435	Direct
2020-08-06	Ordinary Shares	S	13137	$155.88	Disposed	78298	Direct
2020-08-06	Ordinary Shares	S	1996	$156.87	Disposed	76302	Direct
2020-08-07	Ordinary Shares	M	51000	$77.07	Acquired	127302	Direct
2020-08-07	Ordinary Shares	S	23066	$152.91	Disposed	104236	Direct
2020-08-07	Ordinary Shares	S	11552	$154.05	Disposed	92684	Direct
2020-08-07	Ordinary Shares	S	9799	$155.03	Disposed	82885	Direct
2020-08-07	Ordinary Shares	S	5874	$155.79	Disposed	77011	Direct
2020-08-07	Ordinary Shares	S	709	$156.79	Disposed	76302	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-06	Employee Stock Option (right to buy)	$69.72	M	28085	Disposed	2026-06-01	Ordinary Shares (28085)	Direct
2020-08-06	Employee Stock Option (right to buy)	$77.07	M	51000	Disposed	2027-05-30	Ordinary Shares (51000)	Direct
2020-08-07	Employee Stock Option (right to buy)	$77.07	M	51000	Disposed	2027-05-30	Ordinary Shares (51000)	Direct

Footnotes

F1: Price reflects a weighted average sale price for multiple transactions ranging from $154.7950 to $155.7550 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 $155.8050 to $156.7750 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 $156.9000 to $157.6500 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 $154.6450 to $155.6450 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: Price reflects a weighted average sale price for multiple transactions ranging from $155.6500 to $156.6400 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 $156.6550 to $157.1950 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: Price reflects a weighted average sale price for multiple transactions ranging from $152.3900 to $153.3800 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.

F8: Price reflects a weighted average sale price for multiple transactions ranging from $153.4200 to $154.4200 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.

F9: Price reflects a weighted average sale price for multiple transactions ranging from $154.4250 to $155.4200 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.

F10: Price reflects a weighted average sale price for multiple transactions ranging from $155.4300 to $156.3950 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.

F11: Price reflects a weighted average sale price for multiple transactions ranging from $156.4850 to $157.0300 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.

F12: These 76,302 ordinary shares are held by the reporting person as trustee of a revocable trust established for his benefit.

F13: 26,853 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 4,000 on June 1, 2021; 3,097 on June 1, 2021; 2,597 on June 1, 2021; 2,217 on June 1, 2021; 3,097 on May 31, 2022; 2,597 on May 31, 2022; 2,217 on June 1, 2022; 2,597 on May 31, 2023; 2,217 on June 1, 2023; and 2,217 on June 3, 2024.

F14: This option is part of an option to purchase 112,340 STERIS ordinary shares, which are fully vested, which 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 112,349 Old STERIS ordinary shares for $69.72 per share, subject to the same terms and conditions as the original Old STERIS stock option, except as otherwise required by law.

F15: This option is part of an option to purchase 136,000 STERIS ordinary shares, of which 102,000 are fully vested, which 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 136,000 Old STERIS ordinary shares for $77.07 per share, subject to the same terms and conditions as the original Old STERIS stock option, except as otherwise required by law.