PENTAIR plc — Director's Dealing 2012

Nov 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR LTD (PNR)
CIK: 0000077360
Period of Report: 2012-11-09

Reporting Person: BORIN MARK C (Chief Acctg Officer-Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-09	Common Shares	M	23883	$33.77	Acquired	29787	Direct
2012-11-09	Common Shares	M	9000	$24.78	Acquired	38787	Direct
2012-11-09	Common Shares	S	32883	$44.6959	Disposed	5904	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-09	Employee Stock Option (right to buy)	$33.77	M	23883	Disposed	2018-04-15	Common Shares (23883)	Direct
2012-11-09	Employee Stock Option (right to buy)	$24.78	M	9000	Disposed	2019-01-02	Common Shares (9000)	Direct

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $44.351 to $45.00. 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: One-third of the stock options became exercisable on the first, second, and third anniversary of the grant.