PENTAIR plc — Director's Dealing 2013

May 30, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR LTD (PNR)
CIK: 0000077360
Period of Report: 2013-05-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-28	Common Shares	M	25000	$40.95	Acquired	71184	Direct
2013-05-28	Common Shares	S	25000	$58	Disposed	46184	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-28	Employee Stock Option (right to buy)	$40.95	M	25000	Disposed	2015-01-06	Common Shares (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares - ESPP	1384.229	Direct
Common Shares - ESOP	708.8865	Indirect

Footnotes

F1: End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transaction not required to be reported pursuant to Section 16(a).

F2: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.