PENTAIR plc — Director's Dealing 2014

Feb 4, 2014

SEC Form 4/A — Form 4/A

Issuer: PENTAIR LTD (PNR)
CIK: 0000077360
Period of Report: 2012-09-28

Reporting Person: MERRIMAN RONALD (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-28	Nonqualified Stock Option (right to buy)	$24.78	A	5200	Acquired	2019-01-02	Common Shares (5200)	Direct

Footnotes

F1: Common stock and derivative securities of Pentair Ltd. ("the Issuer") were acquired pursuant to the Merger Agreement, dated as of March 27, 2012, as amended, among Pentair, Inc., Tyco International Ltd., the Issuer, Panthro Acquisition Co. and Panthro Merger Sub, Inc. Upon closing of the merger, Pentair, Inc. became a wholly owned subsidiary of the Issuer, and each share of Pentair, Inc. common stock was converted into one Issuer common share. Derivative securities relating to Pentair, Inc. common stock were converted into derivative securities relating to an equal number of Issuer common shares with the same terms and conditions (including vesting schedule and exercise price, if applicable).

F2: The Form 4 filed on October 2, 2012 reported the acquisition of 17,200 stock options. This amended Form 4 is being filed to report that the reporting person actually acquired 5,200 stock options.

F3: All options are vested and exercisable.