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PENTAIR plc Director's Dealing 2011

May 25, 2011

30329_dirs_2011-05-25_2cd02c08-cf8d-4946-8bcc-422278eb3131.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: 2011-05-23

Reporting Person: MONAHAN WILLIAM T (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-23 Common Stock M 2300 $18.1485 Acquired 24403.599 Direct
2011-05-23 Common Stock M 17700 $19.5391 Acquired 42103.599 Direct
2011-05-23 Common Stock S 20000 $38.31 Disposed 22103.599 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-23 Nonqualified Stock Option (right to buy) $18.1485 M 2300 Disposed 2012-01-02 Common Stock (2300) Direct
2011-05-23 Nonqualified Stock Option (right to buy) $19.5391 M 17700 Disposed 2012-02-27 Common Stock (17700) Direct

Footnotes

F1: The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.27 to $38.32, 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.

F3: 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).