PENTAIR plc — Director's Dealing 2014

Jan 7, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Frykman Karl R. (President Aquatic Systems)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	9218	Direct
Common Shares - Restricted Stock Units	9598	Direct
Common Shares - ESOP	1520.6198	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$41.12	2015-03-01	Common Shares (7316)		Direct
Employee Stock Option (right to buy)	$41.17	2016-03-01	Common Shares (4000)		Direct
Employee Stock Option (right to buy)	$29.96	2017-01-16	Common Shares (5236)		Direct
Employee Stock Option (right to buy)	$31.56	2017-03-01	Common Shares (6664)		Direct
Employee Stock Option (right to buy)	$32.40	2018-03-03	Common Shares (18771)		Direct
Employee Stock Option (right to buy)	$19.13	2019-03-03	Common Shares (15422)		Direct
Employee Stock Option (right to buy)	$34.23	2020-03-02	Common Shares (19444)		Direct
Employee Stock Option (right to buy)	$36.53	2021-03-02	Common Shares (11773)		Direct
Employee Stock Option (right to buy)	$38.63	2022-03-01	Common Shares (11571)		Direct
Employee Stock Option (right to buy)	$50.61	2023-01-02	Common Shares (9146)		Direct

Footnotes

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