MAITLAND STUART 4
4 · PENTAIR INC · Filed Sep 21, 2004
Insider Transaction Report
Form 4
PENTAIR INCPNR
MAITLAND STUART
Director
Transactions
- Exercise/Conversion
Common Stock
2004-09-17$18.09/sh+2,600$47,044→ 2,600 total - Gift
Common Stock
2004-09-17−2,600→ 0 total - Gift
Common Stock
2004-09-17+2,600→ 4,600 total(indirect: By Spouse) - Exercise/Conversion
Nonqualified Stock Option (right to buy)
[F1]2004-09-17−2,600→ 0 totalExercise: $18.09From: 2001-01-03Exp: 2010-01-03→ Common Stock (2,600 underlying) - Award
Nonqualified Stock Option (right to buy)
[F2][F3]2004-09-17+1,361→ 1,361 totalExercise: $34.55From: 2004-09-17Exp: 2010-01-03→ Common Stock (1,361 underlying)
Holdings
- 10,000(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]On May 17, 2004, Pentair declared a 2-for-1 stock split in the form of a 100 percent stock dividend payable on June 8, 2004, to shareholders of record as of June 1, 2004. This previously reported stock option and exercise price have been adjusted to reflect the stock split.
- [F2]Non-qualified reload stock option granted under the Pentair, Inc. Outside Directors Non-Qualified Stock Option Plan.
- [F3]Reload stock option becomes exercisable upon grant and expires on the same date as the original option grant.
Signature
Louis L. Ainsworth, Attorney-In-Fact|2004-09-21