4//SEC Filing
Klaben Matthew J 4
Accession 0000899243-20-032081
CIK 0001822479other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 6:59 PM ET
Size
10.7 KB
Accession
0000899243-20-032081
Insider Transaction Report
Form 4
Klaben Matthew J
SVP, GC and Secretary
Transactions
- Disposition to Issuer
Common Stock
2020-11-24$21.68/sh−69,196$1,500,169→ 369,238 total(indirect: By Trust) - Award
Common Stock, $0.01 par value per share ("Common Stock")
2020-11-20+31,304→ 31,304 total - Award
Stock Options
2020-11-20+134,161→ 134,161 totalExercise: $23.00Exp: 2030-11-20→ Common Stock (134,161 underlying)
Footnotes (4)
- [F1]These securities consist of Restricted Stock Units ("RSUs") that were granted on November 20, 2020, pursuant to the terms of an RSU agreement under the Sotera Health Company 2020 Omnibus Incentive Plan ("2020 Incentive Plan"). Each RSU represents the Reporting Person's right to receive one share of common stock, subject to vesting conditions. The RSUs vest in four equal installments on each of the first four anniversaries of the date of grant, subject to the Reporting Person's continued service through each such date.
- [F2]Reflects a company repurchase price equal to the initial public offering price per share less underwriting discounts and commissions payable thereon, as disclosed in the company's Registration Statement on Form S-1.
- [F3]Consists of 220,762 shares of vested Common Stock and 148,476 shares of unvested Common Stock. 54,716 of the unvested shares of Common Stock will vest on a daily basis, pro rata through November 15, 2021. 93,760 of the unvested shares of Common Stock will vest as of the first date on which (i) certain investment funds and entities affiliated with Warburg Pincus LLC and GTCR, LLC (the "Sponsors") have received two and one-half times their invested capital in the company and (ii) the Sponsors' internal rate of return exceeds twenty percent.
- [F4]These options were granted on November 20, 2020, pursuant to the terms of a stock option agreement under the 2020 Incentive Plan. The options vest in four equal installments on each of the first four anniversaries of the date of grant, subject to the Reporting Person's continued service through each such date.
Documents
Issuer
Sotera Health Co
CIK 0001822479
Entity typeother
Related Parties
1- filerCIK 0001369000
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 6:59 PM ET
- Size
- 10.7 KB