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PENTAIR plc — Director's Dealing 2004
Jun 15, 2004
30329_dirs_2004-06-15_9b719be3-9fcf-4141-ae58-044d9c27c041.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PENTAIR INC (PNR)
CIK: 0000077360
Period of Report: 2004-06-14
Reporting Person: BRYAN GLYNIS (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2004-06-14 | Phantom Stock Units - Deferred Compensation | $1 | A | 83.341 | Acquired | Common Stock (83.341) | Indirect |
Footnotes
F1: Phantom stock units convert into common stock on a one-for-one basis.
F2: Represents phantom stock units credited under a deferred compensation plan for non-employee directors over which the reporting person has no current dispositive or voting power.
F3: 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.
F4: Settlement of phantom stock units will be in Pentair common stock in accordance with reporting person's irrevocable election.
F5: On May 17, 2004, Pentair declared a 2-for-1 stock split in the form of a 100 percent stock dividend payable on June 8, 2004, to shareholders of record as of June 1, 2004. End-of-period holdings have been adjusted accordingly.