PENTAIR plc — Director's Dealing 2016

Jul 18, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2016-07-14

Reporting Person: HOGAN RANDALL J (Director, Chairman & Chief Exec. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-14	Common Shares	M	2900	$30.05	Acquired	5522	Direct
2016-07-14	Common Shares	S	2900	$64.0014	Disposed	2622	Direct
2016-07-15	Common Shares	M	300	$30.05	Acquired	2922	Direct
2016-07-15	Common Shares	S	300	$64.0000	Disposed	2622	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-14	Employee Stock Option (right to buy)	$30.05	M	2900	Disposed	2017-01-03	Common Shares (2900)	Direct
2016-07-15	Employee Stock Option (right to buy)	$30.05	M	300	Disposed	2017-01-03	Common Shares (300)	Direct

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 January 3, 2017.

F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $64.00 to $64.02. 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.

F3: One-third of the stock options became exercisable on the first, second and third anniversary of the grant.