nVent Electric plc — Director's Dealing 2020

Jan 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: nVent Electric plc (NVT)
CIK: 0001720635
Period of Report: 2020-01-02

Reporting Person: MERRIMAN RONALD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-02	Ordinary Shares - Restricted Stock Units	A	5015	—	Acquired	5015	Direct
2020-01-02	Ordinary Shares	F	2599	$25.92	Disposed	23265	Direct
2020-01-02	Ordinary Shares	M	6116	$11.28	Acquired	29381	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-02	Nonqualified Stock Option (right to buy)	$11.28	M	6116	Disposed	2020-01-04	Ordinary Shares (6116)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares - Deferral Plan	323.482	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Units (Deferred Compensation)	$		Ordinary Shares (131.935)	131.935	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: Shares surrendered to pay taxes applicable to vesting of restricted stock units.

F4: 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 4, 2020.

F5: 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).

F6: Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.

F7: This option is presently exercisable in full.

F8: Phantom stock units convert into ordinary shares on a one-for-one basis.

F9: Settlement of phantom stock units will be in nVent Electric plc ordinary shares in accordance with reporting person's irrevocable election.