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PENTAIR plc — Director's Dealing 2019
Jan 4, 2019
30329_dirs_2019-01-04_61761943-ffa2-4b1d-b9a7-15bbf42f53d4.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: 2019-01-02
Reporting Person: Sarcevic Ademir (SVP & Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-01-02 | Common Shares - Restricted Stock Units | A | 1754 | — | Acquired | 8791.145 | Direct |
| 2019-01-02 | Common Shares | F | 733 | $37.77 | Disposed | 1287 | Direct |
| 2019-01-03 | Common Shares | S | 1287 | $37.61 | Disposed | 0 | 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 | 7732 | Acquired | 2029-01-02 | Common Shares (7732) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 226.504 | Indirect |
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: 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 transaction not required to be reported pursuant to Section 16(a).
F4: Shares surrendered to pay taxes applicable to vesting of restricted stock units.
F5: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2018.
F6: Since the date of the reporting person's last ownership report, the reporting person transferred 232.7157 common shares held by the ESOP to his ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.
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.