PENTAIR plc — Director's Dealing 2016

Sep 6, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2016-09-02

Reporting Person: GLENN T MICHAEL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-02	Common Shares	M	10000	$33.38	Acquired	22535	Direct
2016-09-02	Common Shares	S	10000	$62.61	Disposed	12535	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-09-02	Nonqualified Stock Option (right to buy)	$33.38	M	10000	Disposed	2017-05-03	Common Shares (10000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Units (Deferred Compensation)	$		Common Shares (1005.538)	1005.538	Indirect

Footnotes

F1: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on May 3, 2017.

F2: Options are vested and exercisable.

F3: Phantom stock units convert into common shares on a one-for-one basis.

F4: Settlement of phantom stock units will be in Pentair plc common shares in accordance with reporting person's irrevocable election.

F5: End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).