PENTAIR plc — Director's Dealing 2014

Mar 6, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PENTAIR LTD (PNR)
CIK: 0000077360
Period of Report: 2014-02-24

Reporting Person: Stevens Christopher (President of V&C)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	144	Direct
Common Shares - Restricted Stock Units	15877	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$28.87	2020-10-11	Common Shares (3175)		Direct
Employee Stock Option (right to buy)	$34.31	2021-10-11	Common Shares (5341)		Direct
Employee Stock Option (right to buy)	$50.61	2023-01-02	Common Shares (6098)		Direct

Footnotes

F1: One-fourth of the stock options become exercisable on the first, second, third and fourth anniversary of the grant.

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