PENTAIR plc — Director's Dealing 2014

Feb 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR LTD (PNR)
CIK: 0000077360
Period of Report: 2014-01-30

Reporting Person: BORIN MARK C (Chief Acctg Office-Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-30	Common Shares	M	13000	$33.38	Acquired	27110	Direct
2014-01-30	Common Shares	S	13000	$74.50	Disposed	14110	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-30	Employee Stock Option (right to buy)	$33.38	M	13000	Disposed	2020-01-04	Common Shares (13000)	Direct

Footnotes

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