nVent Electric plc — Director's Dealing 2018

May 9, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: nVent Electric plc (NVT)
CIK: 0001720635
Period of Report: 2018-05-07

Reporting Person: Pettit Thomas F (See Remarks below)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-07	Ordinary Shares - Restricted Stock Units	A	2466	—	Acquired	50049.68	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-07	Employee Stock Option (right to buy)	$25.34	A	12392	Acquired	2028-05-07	Ordinary Shares (12392)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	1833.69	Direct
Ordinary Shares - ESOP	135.3654	Indirect
Ordinary Shares - Deferral Plan	550.757	Indirect
Ordinary Shares	2812	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$16.61	2026-03-01	Ordinary Shares (8117)	8117	Direct
Employee Stock Option (right to buy)	$20.22	2027-03-01	Ordinary Shares (6509)	6509	Direct

Footnotes

F1: Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.

F2: Includes 47,583.68 restricted stock units ("RSUs") as a result of each outstanding Pentair plc RSU being converted into an RSU denominated in nVent Electric plc ordinary shares in a manner intended to preserve the aggregate intrinsic value of the original Pentair plc RSU in connection with the spin-off of nVent Electric plc from Pentair plc.

F3: Reflects ordinary shares received in a pro-rata distribution upon completion of the spin-off of nVent Electric plc from Pentair plc in an exempt transaction pursuant to Rule 16a-9.

F4: Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.

F5: Employee stock option granted under the nVent Electric plc 2018 Omnibus Incentive Plan.

F6: One-third of the stock options become exercisable on each of January 2, 2019, 2020 and 2021.

F7: Each outstanding Pentair plc stock option was converted into an award of options to purchase nVent Electric plc ordinary shares In connection with the spin-off of nVent Electric plc from Pentair plc. The number of shares and exercise prices of each option award were adjusted in a manner intended to preserve the aggregate intrinsic value of the original Pentair plc stock option.

F8: Two-thirds of this option is presently exercisable. The remaining one-third becomes exercisable on March 1, 2019.

F9: One-third of this option is presently exercisable. The remaining two-thirds become exercisable on March 1, 2019 and March 1, 2020.