PENTAIR plc — Director's Dealing 2013

Jul 12, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR LTD (PNR)
CIK: 0000077360
Period of Report: 2013-06-10

Reporting Person: HOGAN RANDALL J (Director, Chairman, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-06-10	Common Stock	G	18520	—	Disposed	71733	Indirect
2013-07-11	Common Stock	M	122558	$40.95	Acquired	152160	Direct
2013-07-11	Common Stock	S	122558	$60	Disposed	29602	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-11	Employee Stock Option (right to buy)	$40.95	M	122558	Disposed	2015-01-06	Common Shares (122558)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	187127	Indirect

Footnotes

F1: Since the date of the reporting person's last ownership form, 7,359 shares previously reported as indirectly beneficially owned by GRAT have been transferred and are now indirectly beneficially owned by Trust.

F2: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2013.

F3: One-third of the stock options became exercisable on the first, second, and third anniversary of the grant.