PENTAIR INC 4
4 · PENTAIR INC · Filed Aug 14, 2006
Insider Transaction Report
Form 4
PENTAIR INCPNR
GROGAN BARBARA B
Director
Transactions
- Award
Phantom Stock Units - Deferred Compensation
2006-08-11$28.90/sh+362.683$10,483→ 25,089.129 total(indirect: By Plan Agent)Exercise: $1.00→ Common Stock (362.683 underlying)
Footnotes (5)
- [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.
- [F5]End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transaction not required to be reported pursuant to Section 16(a).