STERIS plc — Director's Dealing 2020

Feb 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STERIS plc (STE)
CIK: 0001757898
Period of Report: 2020-02-11

Reporting Person: Burton Karen L (VP, Controller & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-11	Ordinary Shares	M	4040	$45.34	Acquired	11534	Direct
2020-02-11	Ordinary Shares	M	3400	$53.52	Acquired	14934	Direct
2020-02-11	Ordinary Shares	S	7440	$160.00	Disposed	7494	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-11	Employee Stock Option (right to buy)	$45.34	M	4040	Disposed	2023-05-31	Ordinary Shares (4040)	Direct
2020-02-11	Employee Stock Option (right to buy)	$53.52	M	3400	Disposed	2024-05-31	Ordinary Shares (3400)	Direct

Footnotes

F1: 6,572 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 1,220 on June 1, 2020; 3,000 on June 1, 2021; 1,332 on May 31, 2022; 765 on May 31, 2022 and 255 on May 31, 2023.

F2: This exercise of stock options and sale of a total of 7,440 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on January 20, 2020.

F3: This option to purchase 4,040 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 4,040 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.

F4: This option to purchase 3,400 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 3,400 Old STERIS ordinary shares for $53.52 per share, subject to the same terms and conditions as the original Old STERIS stock option, except as otherwise required by law.