PENTAIR plc — Director's Dealing 2003

Jul 15, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR INC (PNR)
CIK: 0000077360
Period of Report: 2003-07-14

Reporting Person: SCHROCK MICHAEL V (President, COO Enclosures)

Footnotes

F1: Purchase of shares under the Pentair, Inc. Employee Stock Purchase Plan in exempt transaction pursuant to Rule 16b-3(c).

F2: Shares acquired under this Plan are purchased over a three-day trading period. The price shown is the average purchase price over the trading period.

F3: Reporting person also holds 42,421.948 shares directly and 381.7539 shares indirectly by ESOP.