PENTAIR plc — Director's Dealing 2012

Oct 19, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: BURRIS JERRY W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-16	Common Shares	M	7280	—	Acquired	11554	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-10-16	Phantom Stock Units (Deferred Compensation)	$	M	7280.055	Disposed		Common Shares (7280.055)	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: The phantom stock units were settled in Pentair common shares on October 16, 2012.