GROGAN BARBARA B 4
4 · PENTAIR INC · Filed Jan 17, 2006
Insider Transaction Report
Form 4
PENTAIR INCPNR
GROGAN BARBARA B
Director
Transactions
- Award
Phantom Stock Units - Deferred Compensation
2006-01-12$37.37/sh+303.29$11,333→ 23,135.896 total(indirect: By Plan Agent)Exercise: $1.00→ Common Stock (303.29 underlying)
Footnotes (4)
- [F1]Phantom stock units convert into common stock on a one-for-one basis.
- [F2]Represents phantom stock units credited under a deferred compensation plan for non-employee directors over which the reporting person has no current dispositive or voting power.
- [F3]Settlement of phantom stock units will be in Pentair common stock in accordance with reporting person's irrevocable election.
- [F4]Shares acquired under this Plan are purchased over a three-day trading period. The price shown is the average purchase price over the trading period.