PENTAIR plc — Director's Dealing 2021

Jan 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2021-01-04

Reporting Person: Rolchigo Philip M. (EVP & Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-04	Common Shares - Restricted Stock Units	A	2426	—	Acquired	14509	Direct
2021-01-04	Common Shares	F	290	$51.53	Disposed	7161	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-04	Employee Stock Option (right to buy)	$51.53	A	10029	Acquired	2031-01-04	Common Shares (10029)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares - Deferral Plan	1699.979	Indirect
Common Shares - ESOP	64.417	Indirect

Footnotes

F1: Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair plc 2020 Share 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: Shares withheld to pay taxes applicable to vesting of restricted stock units.

F4: Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.

F5: 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).

F6: Employee stock option granted under the Pentair plc 2020 Share and Incentive Plan.

F7: One-third of the stock options become exercisable on the first, second and third anniversary of the grant.