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nVent Electric plc — Director's Dealing 2018
Sep 7, 2018
30393_dirs_2018-09-07_82b509ac-4b89-4f77-b07e-aa890e0f4e00.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: nVent Electric plc (NVT)
CIK: 0001720635
Period of Report: 2018-09-05
Reporting Person: MONAHAN WILLIAM T (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-09-05 | Ordinary Shares | M | 17133 | $8.37 | Acquired | 58462 | Direct |
| 2018-09-05 | Ordinary Shares | S | 17133 | $28.08 | Disposed | 41329 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-09-05 | Stock Option (right to buy) | $8.37 | M | 17133 | Disposed | 2019-01-02 | Ordinary Shares (17133) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock Units (Deferred Compensation) | $ | Ordinary Shares (10690.319) | 10690.319 | Indirect | |
| Phantom Stock Units (Equity Compensation) | $ | Ordinary Shares (2577.541) | 2577.541 | Indirect |
Footnotes
F1: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2019.
F2: The price reported in Column 4 is a weighted average price. The prices actually received ranged from $27.82 to $28.42. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F3: This option is presently exercisable in full.
F4: Phantom stock units convert into ordinary shares on a one-for-one basis.
F5: Settlement of phantom stock units will be in nVent Electric plc ordinary shares in accordance with reporting person's irrevocable election.
F6: End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).