PENTAIR plc — Director's Dealing 2013

Jun 3, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR LTD (PNR)
CIK: 0000077360
Period of Report: 2013-05-30

Reporting Person: KOURY FREDERICK S (Sr. VP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-30	Common Shares	M	9092	$34.28	Acquired	55276	Direct
2013-05-30	Common Shares	S	9092	$58.903	Disposed	46184	Direct
2013-05-31	Common Shares	M	18685	$34.28	Acquired	64869	Direct
2013-05-31	Common Shares	S	18685	$59.0129	Disposed	46184	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-30	Employee Stock Option (right to buy)	$34.28	M	9092	Disposed	2016-01-03	Common Shares (9092)	Direct
2013-05-31	Employee Stock Option (right to buy)	$34.28	M	18685	Disposed	2016-01-03	Common Shares (18685)	Direct

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $58.90 to $58.931. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $59.00 to $59.081. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

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