STERIS plc — Director's Dealing 2021

Dec 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STERIS plc (STE)
CIK: 0001757898
Period of Report: 2021-12-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-23	Ordinary Shares	M	30000	$69.72	Acquired	76444	Direct
2021-12-23	Ordinary Shares	S	30000	$240.00	Disposed	46444	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-23	Employee Stock Option (right to buy)	$69.72	M	30000	Acquired	2026-06-01	Ordinary Shares (30000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	3484	Indirect

Footnotes

F1: 12,340 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 4,240 on May 31, 2022; 2,780 on May 31, 2023; 2,452 on June 3, 2024; 1,719 on June 3, 2024; 432 on October 1, 2024; 573 on June 2, 2025 and 144 on October 1, 2025.

F2: This exercise of stock options and sale of a total of 30,000 ordinary shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on June 4, 2021.

F3: Price reflects a weighted average sale price for multiple transactions ranging from $240.00 to $240.04 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: Units representing 3,484 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of December 23, 2021.

F5: This option to purchase 30,000 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 30,000 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.