PENTAIR plc — Director's Dealing 2016

Apr 18, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2016-04-15

Reporting Person: Cassidy Dennis J. Jr. (President-Valves & Controls)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-04-15	Common Shares - Restricted Stock Units	A	36291	—	Acquired	36291	Direct
2016-04-15	Common Shares - Restricted Stock Units	A	6049	—	Acquired	42340	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-04-15	Employee Stock Option (right to buy)	$55.11	A	30954	Acquired	2026-04-15	Common Shares (30954)	Direct

Footnotes

F1: Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair Ltd. 2012 Stock and Incentive Plan. Each restricted stock unit represents a right to receive one share of Pentair Ltd. common shares upon vesting.

F2: Employee stock option granted under the Pentair Ltd. 2012 Stock and Incentive Plan.

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