PENTAIR plc — Director's Dealing 2018

Apr 19, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2018-04-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-17	Common Shares	M	50000	$24.78	Acquired	83055	Direct
2018-04-17	Common Shares	S	50000	$71.00	Disposed	33055	Direct
2018-04-18	Common Shares	M	50000	$24.78	Acquired	83055	Direct
2018-04-18	Common Shares	S	50000	$72.00	Disposed	33055	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-17	Employee Stock Option (right to buy)	$24.78	M	50000	Disposed	2019-01-02	Common Shares (50000)	Direct
2018-04-18	Employee Stock Option (right to buy)	$24.78	M	50000	Disposed	2019-01-02	Common Shares (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares - Deferral Plan	60842.301	Indirect
Common Shares - ESOP	2289.9979	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, 2019.

F2: Shares of Pentair plc common stock will be delivered to the reporting person in accordance with their irrevocable deferral election.

F3: End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transaction not required to be reported pursuant to Section 16(a).

F4: One-third of the stock options became exercisable on the first, second and third anniversary of the grant.