PENTAIR plc — Director's Dealing 2017

Jan 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2017-01-03

Reporting Person: HOGAN RANDALL J (Director, Chairman & Chief Exec. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-03	Common Shares - Restricted Stock Units	A	39625	—	Acquired	123730	Direct
2017-01-03	Common Shares	F	20322	$57.95	Disposed	74243	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-03	Employee Stock Option (right to buy)	$57.95	A	186000	Acquired	2027-01-03	Common Shares (186000)	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: Employee stock option granted under the Pentair Ltd. 2012 Stock and Incentive Plan.

F5: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.