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nVent Electric plc — Director's Dealing 2022
Jan 5, 2022
30393_dirs_2022-01-05_c124e8c7-be39-4ba3-8f71-fdf2e0a1c573.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: 2022-01-03
Reporting Person: MERRIMAN RONALD (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-03 | Ordinary Shares | M | 6307 | $11.53 | Acquired | 40482 | Direct |
| 2022-01-03 | Ordinary Shares | S | 6307 | $38.50 | Disposed | 34175 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-03 | Stock Option (right to buy) | $11.53 | M | 6307 | Disposed | 2022-01-03 | Ordinary Shares (6307) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares - Deferral Plan | 342.188 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock Units (Deferred Compensation) | $ | Ordinary Shares (139.565) | 139.565 | 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, 2022.
F2: Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
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: 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.