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PENTAIR plc Director's Dealing 2005

Jan 5, 2005

30329_dirs_2005-01-04_5e7a8b7a-39d3-453d-9e24-29fd6dbea9c1.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: 2005-01-03

Reporting Person: WELKE KAREN E (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-01-03 Common Stock M 3595.079 Acquired 15637.436 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-01-03 Phantom Stock Units - Deferred Compensation $1 M 3595.079 Disposed Common Stock (3595.079) Indirect

Footnotes

F1: Settlement of phantom stock units occurred on January 3, 2005, in accordance with reporting person's irrevocable election.