PENTAIR plc — Director's Dealing 2020

Oct 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2020-10-23

Reporting Person: JONES DAVID A /WI (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-23	Common Shares	M	4225	$24.64	Acquired	19696	Direct
2020-10-23	Common Shares	S	4225	$51.79	Disposed	15471	Direct
2020-10-23	Common Shares	M	6307	$22.73	Acquired	21778	Direct
2020-10-23	Common Shares	S	6307	$51.73	Disposed	15471	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-23	Director Stock Option (Right to Buy)	$24.64	M	4225	Disposed	2021-01-03	Common Shares (4225)	Direct
2020-10-23	Director Stock Option (Right to Buy)	$22.73	M	6307	Disposed	2022-01-03	Common Shares (6307)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Units (Deferred Compensation)	$		Common Shares (53098.387)	53098.387	Indirect

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $51.635 to $52.095. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $51.70 to $51.795. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F3: This option is presently exercisable in full.

F4: Phantom stock units convert into common shares on a one-for-one basis.

F5: Settlement of phantom stock units will be in Pentair common shares in accordance with reporting person's irrevocable election.

F6: 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).