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PENTAIR plc — Director's Dealing 2017
Apr 28, 2017
30329_dirs_2017-04-28_9ea1b4e8-3f9c-45c8-97a1-604d87a551be.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: 2017-04-26
Reporting Person: GLENN T MICHAEL (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-04-26 | Common Shares | M | 10000 | $34.18 | Acquired | 23357 | Direct |
| 2017-04-26 | Common Shares | S | 7161 | $65.00 | Disposed | 16196 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-04-26 | Nonqualified Stock Option (right to buy) | $34.18 | M | 10000 | Disposed | 2018-01-02 | Common Shares (10000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock Units (Deferred Compensation) | $ | Common Shares (1017.555) | 1017.555 | 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 January 2, 2018.
F2: These options are vested and exercisable.
F3: Phantom stock units convert into common shares on a one-for-one basis.
F4: Settlement of phantom stock units will be in Pentair plc common shares in accordance with reporting person's irrevocable election.
F5: 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).