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PENTAIR plc — Director's Dealing 2010
Aug 17, 2010
30329_dirs_2010-08-17_d0803cf2-92a8-49e7-a632-42b008d0bb75.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: 2010-08-13
Reporting Person: GLENN T MICHAEL (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-13 | Phantom Stock Units (Deferred Compensation) | $1.00 | A | 150.345 | Acquired | Common Stock (150.345) | 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).