AI assistant
PENTAIR plc — Director's Dealing 2018
May 4, 2018
30329_dirs_2018-05-04_a937200b-0601-49df-b85e-4488405ed769.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2018-05-02
Reporting Person: Sarcevic Ademir (SVP & Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-02 | Common Shares - Restricted Stock Units | A | 1376 | — | Acquired | 10540.175 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-02 | Employee Stock Option (right to buy) | $45.42 | A | 5725 | Acquired | 2028-05-02 | Common Shares (5725) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $53.49 | 2024-03-03 | Common Shares (2427) | 2427 | Direct |
| Employee Stock Option (right to buy) | $44.11 | 2025-03-02 | Common Shares (3588) | 3588 | Direct |
| Employee Stock Option (right to buy) | $32.75 | 2026-03-01 | Common Shares (2435) | 2435 | Direct |
| Employee Stock Option (right to buy) | $39.88 | 2027-03-01 | Common Shares (5858) | 5858 | 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 Pentair plc share upon vesting.
F2: Employee stock option granted under the Pentair plc 2012 Stock and Incentive Plan.
F3: One-third of the stock options become exercisable on the first, second and third anniversary of the grant.
F4: The exercise price and number of stock options were adjusted in connection with the spin-off of nVent Electric plc on April 30, 2018 pursuant to the anti-dilution provisions of the Pentair plc 2012 Stock and Incentive Plan.
F5: This option is presently exercisable in full.
F6: Two-thirds of this option is presently exercisable. The remaining one-third becomes exercisable on March 1, 2019.
F7: One-third of this option is presently exercisable. The remaining two-thirds become exercisable on March 1, 2019 and March 1, 2020.