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nVent Electric plc — Director's Dealing 2020
Nov 5, 2020
30393_dirs_2020-11-05_db83ef89-cc83-4d68-9784-1b094afb9350.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: 2020-11-03
Reporting Person: MERRIMAN RONALD (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-03 | Ordinary Shares | M | 4225 | $12.49 | Acquired | 33606 | Direct |
| 2020-11-03 | Ordinary Shares | S | 4225 | $19.00 | Disposed | 29381 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-03 | Nonqualified Stock Option (right to buy) | $12.49 | M | 4225 | Disposed | 2021-01-03 | Ordinary Shares (4225) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares - Deferral Plan | 331.725 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock Units (Deferred Compensation) | $ | Ordinary Shares (135.297) | 135.297 | Indirect |
Footnotes
F1: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in connection with stock options that will expire on January 3, 2021.
F2: 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).
F3: Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
F4: This option is presently exercisable in full.
F5: Phantom stock units convert into ordinary shares on a one-for-one basis.
F6: Settlement of phantom stock units will be in nVent Electric plc ordinary shares in accordance with reporting person's irrevocable election.