PENTAIR plc — Director's Dealing 2017

Mar 14, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2017-03-10

Reporting Person: MERRIMAN RONALD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-10	Common Shares	M	10000	$34.18	Acquired	26338	Direct
2017-03-10	Common Shares	S	10000	$60	Disposed	16338	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-10	Nonqualified Stock Option (right to buy)	$34.18	M	10000	Disposed	2018-01-02	Common Shares (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares - Deferral Plan	302.24	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Units (Deferred Compensation)	$		Common Shares (123.273)	123.273	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: 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: The options are vested and exercisable.

F4: Phantom stock units convert into common shares on a one-for-one basis.

F5: Settlement of phantom stock units will be in Pentair plc common shares in accordance with reporting person's irrevocable election.