PENTAIR plc — Director's Dealing 2020

Feb 25, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2020-02-21

Reporting Person: BORIN MARK C (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-21	Common Shares	M	15184	$33.72	Acquired	45834	Direct
2020-02-21	Common Shares	M	26559	$32.83	Acquired	72393	Direct
2020-02-21	Common Shares	F	2979	$44.56	Disposed	69414	Direct
2020-02-21	Common Shares	S	13217	$44.6690	Disposed	56197	Direct
2020-02-21	Common Shares	S	24538	$44.7303	Disposed	31659	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-21	Employee Stock Option (right to buy)	$33.72	M	15184	Disposed	2023-01-02	Common Shares (15184)	Direct
2020-02-21	Employee Stock Option (right to buy)	$32.83	M	26559	Disposed	2026-01-04	Common Shares (26559)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares - Deferral Plan	13267.76	Indirect
Common Shares - ESOP	681.47	Indirect

Footnotes

F1: Shares delivered to pay option exercise price applicable to the exercise of stock options and shares withheld to pay taxes applicable to the exercise of stock options.

F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $44.62 to $44.71. 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: The price in Column 4 is a weighted average price. The prices actually received ranged from $44.71 to $44.775. 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.

F4: 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).

F5: This option is presently exercisable in full.