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PENTAIR plc — Director's Dealing 2018
May 4, 2018
30329_dirs_2018-05-04_8cad8e0e-8511-45c1-9e77-f9e1dd5f4bc7.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: 2018-05-02
Reporting Person: GLENN T MICHAEL (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-02 | Common Shares - Restricted Stock Units | A | 2862 | — | Acquired | 2862 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Director Stock Option (right to buy) | $16.51 | 2019-01-02 | Common Shares (17133) | 17133 | Direct |
| Director Stock Option (right to buy) | $22.24 | 2020-01-04 | Common Shares (6116) | 6116 | Direct |
| Director Stock Option (right to buy) | $24.64 | 2021-01-03 | Common Shares (4225) | 4225 | Direct |
| Director Stock Option (right to buy) | $22.73 | 2022-01-03 | Common Shares (6307) | 6307 | Direct |
| Director Stock Option (right to buy) | $33.72 | 2023-01-02 | Common Shares (3947) | 3947 | Direct |
| Director Stock Option (right to buy) | $51.21 | 2024-01-02 | Common Shares (2260) | 2260 | Direct |
| Director Stock Option (right to buy) | $44.43 | 2025-01-02 | Common Shares (4008) | 4008 | Direct |
| Director Stock Option (right to buy) | $32.83 | 2026-01-04 | Common Shares (6558) | 6558 | Direct |
| Director Stock Option (right to buy) | $38.61 | 2027-01-03 | Common Shares (5244) | 5244 | Direct |
| Phantom Stock Units (Deferred Compensation) | $ | Common Shares (1044.273) | 1044.273 | 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: 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.
F3: This option is presently exercisable in full.
F4: Two-thirds of this option is presently exercisable. The remaining one-third becomes exercisable on January 4, 2019.
F5: One-third of this option is presently exercisable. The remaining two-thirds become exercisable on January 3, 2019 and January 3, 2020.
F6: Phantom stock units convert into common shares on a one-for-one basis.
F7: Settlement of phantom stock units will be in Pentair plc common shares in accordance with reporting person's irrevocable election.
F8: 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).