PENTAIR plc — Director's Dealing 2012

Nov 28, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR LTD (PNR)
CIK: 0000077360
Period of Report: 2012-11-27

Reporting Person: Abi-Karam Leslie (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-27	Common Shares	S	1050	$47.721	Disposed	3193	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Units (Deferred Compensation)	$		Common Shares (3229.809)	3229.809	Direct

Footnotes

F1: Phantom stock units convert into common shares on a one-for-one basis.

F2: Settlement of phantom stock units will be in Pentair common shares in accordance with reporting person's irrevocable election.

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).