STERIS plc — Director's Dealing 2021

Jun 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STERIS plc (STE)
CIK: 0001757898
Period of Report: 2021-06-02

Reporting Person: Xilas Andrew (SVP and GM, Dental)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-02	Ordinary Shares	A	232	—	Acquired	232	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-02	Restricted Stock Units	$	A	619	Acquired		Ordinary Shares (619)	Direct
2021-06-02	Restricted Stock Units	$	A	277	Acquired		Ordinary Shares (277)	Direct
2021-06-02	Restricted Stock Units	$	A	1445	Acquired		Ordinary Shares (1445)	Direct
2021-06-02	Restricted Stock Units	$	A	999	Acquired		Ordinary Shares (999)	Direct
2021-06-02	Restricted Stock Units	$	A	113	Acquired		Ordinary Shares (113)	Direct
2021-06-02	Restricted Stock Units	$	A	373	Acquired		Ordinary Shares (373)	Direct

Footnotes

F1: Received in exchange for 687 shares of Cantel Medical Corp. ("Cantel") common stock in connection with the acquisition of Cantel by STERIS plc ("STERIS") pursuant to a series of transactions (the "Mergers"). Holders of Cantel common stock received $16.93 in cash and 0.33787 STERIS ordinary shares ("Ordinary Shares") per Cantel share outstanding immediately prior to the Mergers.

F2: Reflects 619 restricted stock units ("RSUs") of STERIS. Each STERIS RSU represents a right to receive one Ordinary Share. These STERIS RSUs were received in exchange for 1,453 RSUs of Cantel in connection with the Mergers based on an exchange ratio of 0.4262 STERIS RSUs for every Cantel RSU outstanding immediately prior to the Mergers, with the number of resulting STERIS RSUs rounded to the nearest whole unit. These RSUs are restricted and vest in two equal installments on 10/10/2021 and 10/10/2022.

F3: Reflects 277 STERIS RSUs. Each STERIS RSU represents a right to receive one Ordinary Share. These STERIS RSUs were received in exchange for 650 Cantel RSUs in connection with the Mergers based on an exchange ratio of 0.4262 STERIS RSUs for every Cantel RSU outstanding immediately prior to the Mergers, with the number of resulting STERIS RSUs rounded to the nearest whole unit. These RSUs are restricted and vest in two equal installments on 10/10/2021 and 10/10/2022.

F4: Reflects 1,445 STERIS RSUs. Each STERIS RSU represents a right to receive one Ordinary Share. These STERIS RSUs were received in exchange for 3,390 Cantel RSUs in connection with the Mergers based on an exchange ratio of 0.4262 STERIS RSUs for every Cantel RSU outstanding immediately prior to the Mergers, with the number of resulting STERIS RSUs rounded to the nearest whole unit. These RSUs are restricted and vest in three equal installments on 10/7/2021, 10/7/2022 and 10/7/2023.

F5: Reflects 999 STERIS RSUs. Each STERIS RSU represents a right to receive one Ordinary Share. These STERIS RSUs were received in exchange for 2,345 Cantel RSUs in connection with the Mergers based on an exchange ratio of 0.4262 STERIS RSUs for every Cantel RSU outstanding immediately prior to the Mergers, with the number of resulting STERIS RSUs rounded to the nearest whole unit. These RSUs are restricted and vest in three equal installments on 12/2/2021, 12/2/2022 and 12/2/2023.

F6: Reflects 113 STERIS RSUs. Each STERIS RSU represents a right to receive one Ordinary Share. These STERIS RSUs were received in exchange for 265 performance-based restricted stock units ("PSUs") of Cantel in connection with the Mergers based on an exchange ratio of 0.4262 STERIS RSUs for every Cantel PSU outstanding immediately prior to the Mergers, with the number of resulting STERIS RSUs rounded to the nearest whole unit. These RSUs are restricted and vest in equal installments on 10/10/2021 and 10/10/2022.

F7: Reflects 373 STERIS RSUs. Each STERIS RSU represents a right to receive one Ordinary Share. These STERIS RSUs were received in exchange for 875 Cantel PSUs in connection with the Mergers based on an exchange ratio of 0.4262 STERIS RSUs for every Cantel PSU outstanding immediately prior to the Mergers, with the number of resulting STERIS RSUs rounded to the nearest whole unit. These RSUs are restricted and vest in equal installments on 10/7/2021, 10/7/2022 and 10/7/2023.

F8: The STERIS RSUs will vest as follows: 607 on October 7, 2021, 506 on October 10, 2021, 333 on December 2, 2021, 606 on October 7, 2022, 503 on October 10, 2022, 333 on December 2, 2022, 605 on October 7, 2023 and 333 on December 2, 2023.