PENTAIR plc — Director's Dealing 2011

Jul 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR INC (PNR)
CIK: 0000077360
Period of Report: 2011-07-07

Reporting Person: SCHROCK MICHAEL V (President, COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-07	Common Stock	M	16991	$32.49	Acquired	152080.677	Direct
2011-07-07	Common Stock	S	16991	$42.00	Disposed	135089.677	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-07	Employee Stock Option (right to buy)	$32.49	M	16991	Disposed	2011-10-22	Common Stock (16991)	Direct

Footnotes

F1: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 26, 2011.