deZwaan Michiel 4
4 · STERIS plc · Filed Mar 28, 2019
Insider Transaction Report
Form 4
STERIS plcSTE
ZWAAN MICHIEL DE
V.P., Human Resources & CHRO
Transactions
- Disposition to Issuer
Ordinary Shares, 10 pence par value
2019-03-28−5,898→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2019-03-28−14,932→ 0 totalExercise: $114.22Exp: 2028-05-31→ Ordinary Shares (14,932 underlying)
Footnotes (3)
- [F1]All 5,898 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 3,378 on October 4, 2021 and 2,520 on May 31, 2022.
- [F2]Represents ordinary shares of STERIS plc, a public limited company organized under the laws of England and Wales ("Old STERIS"), cancelled pursuant to a court-approved scheme of arrangement under English law (the "Scheme"). In connection with the Scheme, the reporting person received ordinary shares of STERIS plc, a public limited company organized under the laws of Ireland ("STERIS"), in an amount equal to the number of the reporting person's cancelled Old STERIS shares. The reporting person's STERIS shares will be subject to terms and conditions, including restrictions, substantially identical to those that were applicable to the Old STERIS shares. Following the completion of the Scheme, STERIS became the ultimate holding company of Old STERIS.
- [F3]This option becomes exercisable as follows: 3,733 on May 31, 2019; 3,733 on June 1, 2020; 3,733 on June 1, 2021 and 3,733 on May 31, 2022. This option was assumed by STERIS under the Scheme and converted to an option to purchase 14,932 ordinary shares of STERIS for $114.22 per share, subject to the same terms and conditions that were applicable to the original Old STERIS option.