Abi-Karam Leslie 4
4 · PENTAIR LTD · Filed Jan 4, 2013
Insider Transaction Report
Form 4
PENTAIR LTDPNR
Abi-Karam Leslie
Director
Transactions
- Award
Common Shares - Restricted Stock Units
2013-01-02+1,027→ 1,027 total - Award
Nonqualified Stock Option (right to buy)
2013-01-02+3,963→ 3,963 totalExercise: $50.61From: 2014-01-02Exp: 2023-01-02→ Common Shares (3,963 underlying)
Footnotes (3)
- [F1]Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair Ltd. 2012 Stock and Incentive Plan. Each restricted stock unit represents a right to receive one share of Pentair Ltd. common shares upon vesting.
- [F2]Nonqualified stock option granted under the Pentair Ltd. 2012 Stock and Incentive Plan.
- [F3]One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.