PENTAIR plc — Director's Dealing 2012

Oct 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR LTD (PNR)
CIK: 0000077360
Period of Report: 2012-10-05

Reporting Person: SCHROCK MICHAEL V (Pres & Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-05	Common Shares	M	17991	$41.43	Acquired	168177	Direct
2012-10-05	Common Shares	M	10132	$36.78	Acquired	178309	Direct
2012-10-05	Common Shares	S	28123	$46.00	Disposed	150186	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-10-05	Employee Stock Option (right to buy)	$41.43	M	17991	Disposed	2013-01-02	Common Shares (17991)	Direct
2012-10-05	Employee Stock Option (right to buy)	$36.78	M	10132	Disposed	2013-01-02	Common Shares (10132)	Direct

Footnotes

F1: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2012.

F2: Reload stock option becomes exercisable upon grant and expires on the same date as the original option grant.