PENTAIR plc — Director's Dealing 2010

Nov 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR INC (PNR)
CIK: 0000077360
Period of Report: 2010-11-12

Reporting Person: Abi-Karam Leslie (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-12	Common Stock	M	5733	$24.78	Acquired	5733	Direct
2010-11-12	Common Stock	S	5733	$32.70	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-12	Nonqualified Stock Option (right to buy)	$24.78	M	5733	Disposed	2019-01-02	Common Stock (5733)	Direct

Footnotes

F1: The reported price for this transaction is the weighted average price, and the price range is $32.65 to $32.745.

F2: Upon request by the Commission, the company or a shareholder, the reporting person will provide full details of the information reported regarding the number of shares sold at each separate price.