Sec Form 4 Filing - Rosebrough Walter M Jr @ STERIS CORP - 2015-06-09

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
Rosebrough Walter M Jr
2. Issuer Name and Ticker or Trading Symbol
STERIS CORP [ STE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last) (First) (Middle)
5960 HEISLEY ROAD
3. Date of Earliest Transaction (MM/DD/YY)
06/09/2015
(Street)
MENTOR, OH44060
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Shares, No Par Value 06/09/2015 S 5,000 ( 1 ) D $ 63.562 ( 2 ) 156,970 D
Common Shares, No Par Value 06/10/2015 S 5,000 ( 3 ) D $ 64.0445 ( 4 ) 151,970 ( 5 ) D
Common Shares, No Par Value 06/09/2015 S 5,000 ( 6 ) D $ 63.5626 ( 7 ) 35,000 I See Footnote Below. ( 8 )
Common Shares, No Par Value 06/10/2015 S 5,000 ( 9 ) D $ 64.0476 ( 10 ) 30,000 I See Footnote Below. ( 8 )
Common Shares, No Par Value 45,460 I See Footnote Below. ( 11 )
Common Shares, No Par Value 4,540 I See Footnote Below. ( 12 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Rosebrough Walter M Jr
5960 HEISLEY ROAD
MENTOR, OH44060
X President & CEO
Signatures
/s/ Dennis P. Patton, Authorized Representative under Power of Attorney 06/10/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This transaction involved the open market sale on June 9, 2015 of a total of 5,000 shares, held by the Reporting Person as Trustee, from his revocable trust established for his benefit, pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person, as Trustee, on December 5, 2014.
( 2 )This represents the average sales price of the 5,000 shares sold in the open market. The actual 24 sales prices ranged from $63.3600 per share to $63.9600 per share. Issuer, upon request by the SEC staff, will provide full information regarding the number of shares sold at each of these 24 sales prices.
( 3 )This transaction involved the open market sale on June 10, 2015 of a total of 5,000 shares, held by the Reporting Person as Trustee, from his revocable trust established for his benefit, pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person, as Trustee, on December 5, 2014.
( 4 )This represents the average sales price of the 5,000 shares sold in the open market. The actual 25 sales prices ranged from $63.6600 per share to $64.2400 per share. Issuer, upon request by the SEC staff, will provide full information regarding the number of shares sold at each of these 25 sales prices.
( 5 )121,720 of these Common Shares are held by the Reporting Person as Trustee of a revocable trust established for his benefit and 30,250 of these Common Shares are restricted and also are held by the Reporting Person as Trustee of a revocable trust established for his benefit. The restrictions on the restricted Common Shares lapse as follows: 5,000 on May 31, 2016; 6,250 on May 31, 2016; 6,250 on May 31, 2017; 4,250 on May 30, 2016; 4,250 on May 30, 2017 and 4,250 on May 30, 2018.
( 6 )This transaction involved the open market sale on June 9, 2015 of a total of 5,000 shares, held by the Reporting Person as Trustee, from an irrevocable trust established for the benefit of the children of the Reporting Person and the Reporting Person's Spouse, pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person, as Trustee, on December 4, 2014.
( 7 )This represents the average sales price of the 5,000 shares sold in the open market. The actual 24 sales prices ranged from $63.3600 per share to $63.9600 per share. Issuer, upon request by the SEC staff, will provide full information regarding the number of shares sold at each of these 24 sales prices.
( 8 )These shares are held by the Reporting Person as Trustee of an irrevocable trust established for the benefit of the children of the Reporting Person and the Reporting Person's Spouse.
( 9 )This transaction involved the open market sale on June 10, 2015 of a total of 5,000 shares, Held by the Reporting Person as Trustee, from an irrevocable trust established for the benefit of the children of the Reporting Person and the Reporting Person's Spouse, pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person, as Trustee, on December 4, 2014.
( 10 )This represents the average sales price of the 5,000 shares sold in the open market. The actual 26 sales prices ranged from $63.6600 per share to $64.2400 per share. Issuer, upon request by the SEC staff, will provide full information regarding the number of shares sold at each of these 26 sales prices.
( 11 )These shares are held by the Reporting Person's Spouse as Trustee of a revocable trust established for her benefit.
( 12 )These shares are held by the Reporting Person as Trustee of an irrevocable trust established for the benefit of the grandchildren of the Reporting Person and the Reporting Person's Spouse.

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