AI assistant
nVent Electric plc — Director's Dealing 2018
May 9, 2018
30393_dirs_2018-05-09_1fbef940-f8ee-4ec0-9274-e7b96a059134.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: nVent Electric plc (NVT)
CIK: 0001720635
Period of Report: 2018-05-07
Reporting Person: BURRIS JERRY W (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-07 | Ordinary Shares - Restricted Stock Units | A | 5130 | — | Acquired | 5130 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 24443 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Nonqualified Stock Option (right to buy) | $11.28 | 2020-01-04 | Ordinary Shares (6116) | 6116 | Direct |
| Nonqualified Stock Option (right to buy) | $12.49 | 2021-01-03 | Ordinary Shares (4225) | 4225 | Direct |
| Nonqualified Stock Option (right to buy) | $11.53 | 2022-01-03 | Ordinary Shares (6307) | 6307 | Direct |
| Nonqualified Stock Option (right to buy) | $17.10 | 2023-01-02 | Ordinary Shares (3947) | 3947 | Direct |
| Nonqualified Stock Option (right to buy) | $25.96 | 2024-01-02 | Ordinary Shares (2260) | 2260 | Direct |
| Nonqualified Stock Option (right to buy) | $22.52 | 2025-01-02 | Ordinary Shares (4008) | 4008 | Direct |
| Nonqualified Stock Option (right to buy) | $16.65 | 2026-01-04 | Ordinary Shares (6558) | 6558 | Direct |
| Nonqualified Stock Option (right to buy) | $19.57 | 2027-01-03 | Ordinary Shares (5244) | 5244 | 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: 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.
F3: 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.
F4: This option is presently exercisable in full.
F5: Two-thirds of this option is presently exercisable. The remaining one-third becomes exercisable on January 4, 2019.
F6: One-third of this option is presently exercisable. The remaining two-thirds become exercisable on January 3, 2019 and January 3, 2020.