PENTAIR plc — Director's Dealing 2011

Jun 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR INC (PNR)
CIK: 0000077360
Period of Report: 2011-05-31

Reporting Person: KOURY FREDERICK S (Sr. Vice President, HR)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-31	Common Stock	M	17815	$22.88	Acquired	52017.77	Direct
2011-05-31	Common Stock	S	17815	$40.24	Disposed	34202.77	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-31	Employee Stock Option (right to buy)	$22.88	M	17815	Disposed	2014-01-02	Common Stock (17815)	Direct

Footnotes

F1: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.23 to $40.28, inclusive.

F2: Upon request by the Securities and Exchange Commission, Pentair, Inc., or any security holder of Pentair, Inc., the reporting person undertakes to provide full information regarding the number of shares sold at each separate price.