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PENTAIR plc — Director's Dealing 2012
Oct 2, 2012
30329_dirs_2012-10-02_1ee9e537-e457-4515-ad4c-0de27680d86a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PENTAIR INC (PNR)
CIK: 0000077360
Period of Report: 2012-09-28
Reporting Person: LAGESON ANGELA D (Sr. VP, Gen. Counsel & Secy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-09-28 | Common Shares | A | 3704 | — | Acquired | 3704 | Direct |
| 2012-09-28 | Common Shares - Restricted Stock Units | A | 21771 | — | Acquired | 21771 | Direct |
| 2012-09-28 | Common Shares - ESOP | A | 924.0781 | — | Acquired | 924.0781 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-09-28 | Employee Stock Option (right to buy) | $41.12 | A | 7863 | Acquired | 2015-03-01 | Common Shares (7863) | Direct |
| 2012-09-28 | Employee Stock Option (right to buy) | $41.17 | A | 5793 | Acquired | 2016-03-01 | Common Shares (5793) | Direct |
| 2012-09-28 | Employee Stock Option (right to buy) | $31.56 | A | 6431 | Acquired | 2017-03-01 | Common Shares (6431) | Direct |
| 2012-09-28 | Employee Stock Option (right to buy) | $32.40 | A | 5597 | Acquired | 2018-03-03 | Common Shares (5597) | Direct |
| 2012-09-28 | Employee Stock Option (right to buy) | $19.13 | A | 9629 | Acquired | 2019-03-03 | Common Shares (9629) | Direct |
| 2012-09-28 | Employee Stock Option (right to buy) | $33.38 | A | 25000 | Acquired | 2020-03-02 | Common Shares (25000) | Direct |
| 2012-09-28 | Employee Stock Option (right to buy) | $36.98 | A | 23287 | Acquired | 2021-01-03 | Common Shares (23287) | Direct |
| 2012-09-28 | Employee Stock Option (right to buy) | $34.12 | A | 27293 | Acquired | 2022-01-03 | Common Shares (27293) | Direct |
Footnotes
F1: Common stock and derivative securities of Pentair Ltd. ("the Issuer") were acquired pursuant to the Merger Agreement, dated as of March 27, 2012, as amended, among Pentair, Inc., Tyco International Ltd., the Issuer, Panthro Acquisition Co. and Panthro Merger Sub, Inc. Upon closing of the merger, Pentair, Inc. became a wholly owned subsidiary of the Issuer, and each share of Pentair, Inc. common stock was converted into one Issuer common share. Derivative securities relating to Pentair, Inc. common stock were converted into derivative securities relating to an equal number of Issuer common shares with the same terms and conditions (including vesting schedule and exercise price, if applicable).
F2: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.