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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Conversion of Restricted Stock Units | (6) | 10/01/2010 | M | 11,000 | (7) | (7) | Common Shares, No Par Value | 11,000 | $ 0 | 0 | D | ||||
Conversion of Restricted Stock Units | (6) | 10/01/2010 | M | 12,000 | (8) | (8) | Common Shares, No Par Value | 12,000 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Rosebrough Walter M Jr 5960 HEISLEY ROAD MENTOR, OH 44060 |
X | President & CEO |
Dennis P. Patton, Authorized Representative under Power of Attorney | 10/01/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | This open market sale of a total of 2,600 Common Shares is for the purpose of providing for the taxes payable upon the vesting of 23,000 restricted stock units and is made pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on May 9, 2010. |
(2) | This open market sale of a total of 9,000 Common Shares is for the purpose of providing for the taxes payable upon the vesting of 23,000 restricted stock units and is made pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on May 9, 2010. |
(3) | This acquisition of 11,000 Common Shares represents the vesting on October 1, 2010 of 11,000 Restricted Stock Units granted pursuant to an agreement effective October 15, 2007. |
(4) | This acquisition of 12,000 Common Shares represents the vesting on October 1, 2010 of 12,000 Restricted Stock Units granted pursuant to an agreement effective October 15, 2007. |
(5) | 83,000 of these Common Shares are restricted. The restrictions on these Common Shares lapse as follows: 24,000 on May 23, 2011, 24,000 on May 21, 2012 and 35,000 on May 20, 2014. |
(6) | Each Restricted Stock Unit represents a contingent right to receive one STERIS Common Share. |
(7) | These Restricted Stock Units vested on October 1, 2010. The 11,000 vested Common Shares will be delivered to the reporting person promptly. |
(8) | These Restricted Stock Units vested on October 1, 2010. The 12,000 vested Common Shares will be delivered to the reporting person promptly. |