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nVent Electric plc — Director's Dealing 2020
Jan 6, 2020
30393_dirs_2020-01-06_cdceb9f0-baa6-4682-a606-0cbf9c80afca.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: 2020-01-02
Reporting Person: Ruzynski Joseph A. (President of Enclosures)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-01-02 | Ordinary Shares - Restricted Stock Units | A | 7234 | — | Acquired | 13411 | Direct |
| 2020-01-02 | Ordinary Shares | F | 1501 | $25.92 | Disposed | 8720.2527 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-01-02 | Employee Stock Option (right to buy) | $25.92 | A | 39162 | Acquired | 2030-01-02 | Ordinary Shares (39162) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares - ESOP | 881.884 | Indirect |
| Ordinary Shares - Deferral Plan | 1556.206 | Indirect |
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: 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).
F4: Shares surrendered to pay taxes applicable to vesting of restricted stock units.
F5: End-of-period holdings include monthly purchases under the nVent Electric plc. Employee Stock Purchase Plan (ESPP) in exempt transactions pursuant to Rule 16b-3(c).
F6: Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
F7: Employee stock option granted under the nVent 2018 Omnibus Incentive Plan.
F8: One-third of the stock options become exercisable on the first, second and third anniversary of the grant.