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nVent Electric plc — Director's Dealing 2019
Jan 5, 2019
30393_dirs_2019-01-04_c970d9dd-50c7-427a-9522-291553db7398.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: 2019-01-02
Reporting Person: Pettit Thomas F (See Remarks below)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-01-02 | Ordinary Shares - Restricted Stock Units | A | 2777 | — | Acquired | 37013.696 | Direct |
| 2019-01-02 | Ordinary Shares | F | 1106 | $22.51 | Disposed | 12984.638 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-01-02 | Employee Stock Option (right to buy) | $22.51 | A | 13459 | Acquired | 2029-01-02 | Ordinary Shares (13459) | 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: End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
F3: Shares surrendered to pay taxes applicable to vesting of restricted stock units.
F4: Employee stock option granted under the nVent Electric plc 2018 Omnibus Incentive Plan.
F5: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.