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PENTAIR plc — Director's Dealing 2017
Nov 3, 2017
30329_dirs_2017-11-03_1ef49de2-1955-4033-8ccb-bf4239294f4d.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: 2017-11-01
Reporting Person: Frykman Karl R. (President Aquatic Systems)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-01 | Common Shares | M | 3086 | $32.40 | Acquired | 36476 | Direct |
| 2017-11-01 | Common Shares | S | 3086 | $70.3683 | Disposed | 33390 | Direct |
| 2017-11-01 | Common Shares | M | 8300 | $32.40 | Acquired | 41690 | Direct |
| 2017-11-01 | Common Shares | S | 8300 | $70.1938 | Disposed | 33390 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-01 | Employee Stock Option (right to buy) | $32.40 | M | 3086 | Disposed | 2018-03-03 | Common Shares (3086) | Direct |
| 2017-11-01 | Employee Stock Option (right to buy) | $32.40 | M | 8300 | Disposed | 2018-03-03 | Common Shares (8300) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares - ESOP | 1898.071 | 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 March 3, 2018.
F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $70.24 to $70.63. 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: The price in Column 4 is a weighted average price. The prices actually received ranged from $70.01 to $70.39. 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.
F4: 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).
F5: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.