PENTAIR plc — Director's Dealing 2012

Nov 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR LTD (PNR)
CIK: 0000077360
Period of Report: 2012-10-24

Reporting Person: HOGAN RANDALL J (Director, Chairman & Chief Exec. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-24	Common Shares	G	9330	—	Disposed	29602	Direct
2012-10-24	Common Shares	G	9330	—	Acquired	265918	Indirect
2012-11-13	Common Shares	M	2442	$40.95	Acquired	32044	Direct
2012-11-13	Common Shares	M	2917	$34.28	Acquired	34961	Direct
2012-11-13	Common Shares	M	3327	$30.05	Acquired	38288	Direct
2012-11-13	Common Shares	M	2925	$34.18	Acquired	41213	Direct
2012-11-13	Common Shares	M	4035	$24.78	Acquired	45248	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-13	Employee Stock Option (right to buy)	$40.95	M	2442	Disposed	2015-01-06	Common Shares (2442)	Direct
2012-11-13	Employee Stock Option (right to buy)	$34.28	M	2917	Disposed	2016-01-03	Common Shares (2917)	Direct
2012-11-13	Employee Stock Option (right to buy)	$30.05	M	3327	Disposed	2017-01-03	Common Shares (3327)	Direct
2012-11-13	Employee Stock Option (right to buy)	$34.18	D	2925	Disposed	2018-01-02	Common Shares (2925)	Direct
2012-11-13	Employee Stock Option (right to buy)	$24.78	M	4035	Disposed	2019-01-02	Common Shares (4035)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares - ESOP	1716.4162	Indirect

Footnotes

F1: End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).

F2: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.