PENTAIR plc — Director's Dealing 2020

Jan 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2020-01-02

Reporting Person: Stauch John L (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-02	Common Shares - Restricted Stock Units	A	24235	—	Acquired	56713.058	Direct
2020-01-02	Common Shares	F	10516	$46.42	Disposed	30006.169	Direct
2020-01-03	Common Shares	F	2151	$45.98	Disposed	32026.169	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-02	Employee Stock Option (right to buy)	$46.42	A	113071	Acquired	2030-01-02	Common Shares (113071)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares - Deferral Plan	59081.371	Indirect
Common Shares	175035.4621	Indirect
Common Shares - ESOP	873.46	Indirect
Common Shares - ESPP	241.2802	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 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: Since the date of the reporting person's last ownership form, 12,257 shares held directly have been transferred and are now held indirectly by a trust owned by the reporting person's spouse.

F6: Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.

F7: End-of-period holdings include monthly purchases under the ESPP in exempt transactions pursuant to Rule 16b-3(c).

F8: Employee stock option granted under the Pentair plc 2012 Stock and Incentive Plan.

F9: One-third of the stock options become exercisable on the first, second and third anniversary of the grant.