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PENTAIR plc Director's Dealing 2012

Oct 19, 2012

30329_dirs_2012-10-18_8580cf6b-1d94-421c-b7de-f31f5a6de130.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR LTD (PNR)
CIK: 0000077360
Period of Report: 2012-10-16

Reporting Person: MONAHAN WILLIAM T (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-10-16 Common Shares M 5611 Acquired 34857 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-10-16 Phantom Stock Units (Deferred Compensation) $ M 5611.171 Disposed Common Shares (5611.171) Indirect

Footnotes

F1: Fractional shares were sold upon the settlement of units.

F2: Phantom stock units convert into common shares on a one-for-one basis.

F3: Includes 1,338 shares that were distributed in settlement of deferred share units.

F4: Represents phantom stock units credited under a deferred compensation plan for non-employee directors over which the reporting person has no current dispositive or voting power.

F5: A portion of the phantom stock units were settled in Pentair common shares on October 16, 2012. Settlement of the remaining phantom stock units will be in Pentair common shares in accordance with reporting person's irrevocable election.