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PENTAIR plc — Director's Dealing 2010
Nov 16, 2010
30329_dirs_2010-11-16_7a691585-465c-4e61-bb9c-90b39d1fd8b8.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: 2010-11-12
Reporting Person: BRYAN GLYNIS (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-11-12 | Phantom Stock Units (Deferred Compensation) | $1.00 | A | 153.379 | Acquired | Common Stock (153.379) | 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: Settlement of phantom stock units will be in Pentair common stock in accordance with reporting person's irrevocable election.
F4: 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.
F5: End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transaction not required to be reported pursuant to Section 16(a).