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PENTAIR plc — Director's Dealing 2016
Jan 6, 2016
30329_dirs_2016-01-06_4d8873e4-fc0e-44e8-9e3f-a23f10e511a3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2016-01-04
Reporting Person: DAVIDSON CAROL ANTHONY (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-01-04 | Common Shares - Restricted Stock Units | A | 1370 | — | Acquired | 1370 | Direct |
| 2016-01-04 | Common Shares | F | 405 | $49.28 | Disposed | 13770 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-01-04 | Nonqualified Stock Option (right to buy) | $49.28 | A | 6584 | Acquired | 2026-01-04 | Common Shares (6584) | Direct |
Footnotes
F1: Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair plc 2012 Stock and Incentive Plan. Each restricted stock unit represents a right to receive one share of Pentair plc common shares upon vesting.
F2: End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
F3: Shares surrendered to pay taxes applicable to vesting of restricted stock units.
F4: Nonqualified stock option granted under the Pentair plc 2012 Stock and Incentive Plan.
F5: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.