deZwaan Michiel 4
4 · STERIS Ltd · Filed Mar 28, 2019
Insider Transaction Report
Form 4
STERIS LtdSTE
ZWAAN MICHIEL DE
V.P., Human Resources & CHRO
Transactions
- Award
Ordinary Shares
2019-03-28+5,898→ 5,898 total - Award
Employee Stock Option (right to buy)
2019-03-28+14,932→ 14,932 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 Ireland ("STERIS") received by the reporting person pursuant to a court-approved scheme of arrangement under English law (the "Scheme"). In connection with the Scheme, the reporting person received shares of STERIS in an amount equal to the number of the reporting person's cancelled shares of STERIS plc, a public limited company organized under the laws of England and Wales ("Old STERIS"). The reporting person's STERIS shares are 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 received under the Scheme in exchange for an option to purchase 14,932 STERIS ordinary shares for $114.22 per share, subject to the same terms and conditions as the original Old STERIS stock option.