PENTAIR plc — Director's Dealing 2016

Aug 25, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2016-08-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-23	Common Shares	M	13326	$33.38	Acquired	32209	Direct
2016-08-23	Common Shares	S	13326	$65.1931	Disposed	18883	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-23	Employee Stock Option (right to buy)	$33.38	M	13326	Disposed	2020-01-04	Common Shares (13326)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares - ESOP	514.7194	Indirect
Common Shares - Deferral Plan	2852.42	Indirect

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $65.14 to $65.265. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F2: Shares of Pentair plc common shares will be delivered to the reporting person in accordance with their irrevocable deferral election.

F3: 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).

F4: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.