PENTAIR plc — Director's Dealing 2017

Apr 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2017-04-26

Reporting Person: JILEK ANGELA D. (Sr. VP, Gen. Counsel & Secy.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-26	Common Shares	M	1367	$32.40	Acquired	33262	Direct
2017-04-26	Common Shares	S	1367	$65	Disposed	31895	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-26	Employee Stock Option (right to buy)	$32.40	M	1367	Disposed	2018-03-03	Common Shares (1367)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares - ESOP	657.3328	Indirect
Common Shares - Deferral Plan	3644.512	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: 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).

F3: Pentair common shares will be delivered to the reporting person in accordance with their irrevocable deferral election.

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