PENTAIR plc — Director's Dealing 2019

Jan 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2019-01-02

Reporting Person: Stauch John L (Executive Vice President, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-01-02	Common Shares - Restricted Stock Units	A	27800	—	Acquired	85468.648	Direct
2019-01-02	Common Shares	F	8174	$37.77	Disposed	17981	Direct
2019-01-03	Common Shares	F	1902	$36.64	Disposed	20249	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-02	Employee Stock Option (right to buy)	$37.77	A	122549	Acquired	2029-01-02	Common Shares (122549)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares - Deferral Plan	49252.109	Indirect
Common Shares - ESOP	857.79	Indirect
Common Shares - ESPP	210.723	Direct

Footnotes

F1: Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair 2012 Stock and Incentive Plan. Each restricted stock unit represents the right to receive one Pentair plc share upon vesting.

F2: End-of-period holdings reflect the vesting of restricted stock units that were previously reported.

F3: 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).

F4: Shares surrendered to pay taxes applicable to vesting of restricted stock units.

F5: Shares of Pentair Ltd. common shares will be delivered to the reporting person in accordance with their irrevocable deferral election.

F6: End-of-period holdings include monthly purchase(s) under the Pentair plc Employee Stock Purchase and Bonus Plan (ESPP) in exempt transaction(s) pursuant to Rule 16b-3(c); and shares acquired pursuant to a dividend reinvestment feature of the ESPP.

F7: Employee stock option granted under the Pentair plc 2012 Stock and Incentive Plan.

F8: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.