PENTAIR plc — Director's Dealing 2012

Nov 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR LTD (PNR)
CIK: 0000077360
Period of Report: 2012-11-29

Reporting Person: KOURY FREDERICK S (Sr. VP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-29	Common Shares	M	45139	$30.05	Acquired	82327	Direct
2012-11-29	Common Shares	S	45139	$48.9104	Disposed	37188	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-29	Employee Stock Option (right to buy)	$30.05	M	45139	Disposed	2017-01-03	Common Shares (45139)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares - ESPP	1372.34	Direct
Common Shares - ESOP	634.0766	Indirect

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $48.91 to $48.93. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F2: 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).

F3: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.