Form 4 for SHC Sotera Health Co
Accepted 2022-03-04 00:00:00 ET · period of report 2022-03-02 · accession 0001822479-22-000020 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-04 | 2022-03-02 | SHC | Leffler Scott J. | CFO, Treas | A - Grant | $0.00 | +37.4K | 738.6K | +5% | $0 |
| D | 2022-03-04 | 2022-03-02 | SHC | Leffler Scott J. | CFO, Treas | A - Grant | $0.00 | +95.8K | 95.8K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $0.01 par value per share ("Common Stock") | 2022-03-02 | A | A | 37,443 | $0.00 | 738,649 | D | — | — | (F1) These securities consist of Restricted Stock Units ("RSUs") that were granted on March 2, 2022, 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 three equal installments on each of the first three anniversaries of the date of grant, subject to the Reporting Person's continued service through each such date. (F2) Consists of 484,707 shares of vested Common Stock, 177,369 shares of unvested Common Stock and 76,573 RSUs. 8,600 of the unvested shares of Common Stock will vest on a daily basis, pro rata through April 3, 2022. 168,769 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. |
| 2 | Derivative | Stock Options | 2022-03-02 | A | A | 95,786 | $0.00 | 95,786 | D | $20.03 · — to 2032-03-02 | 95,786 Common Stock | (F3) These options were granted on March 2, 2022, pursuant to the terms of a stock option agreement under the 2020 Incentive Plan. The options vest in three equal installments on each of the first three anniversaries of the date of grant, subject to the Reporting Person's continued service through each such date. |