PENTAIR LTD 4

4 · PENTAIR LTD · Filed Jan 6, 2014

Form 4

Period: 2014-01-02

Director

Transactions

Exercise/Conversion
Nonqualified Stock Option (right to buy)
2014-01-03−2,259→ 0 total
Exercise: $39.01Exp: 2014-02-25→ Common Shares (2,259 underlying)
Award
Common Shares - Restricted Stock Units
2014-01-02+676→ 676 total
Exercise/Conversion
Common Shares
2014-01-03$39.01/sh+2,259$88,124→ 21,665 total
Award
Nonqualified Stock Option (right to buy)
2014-01-02+2,269→ 2,269 total
Exercise: $76.87From: 2015-01-02Exp: 2024-01-02→ Common Shares (2,269 underlying)

Holdings

Phantom Stock Units (Deferred Compensation)
(indirect: Plan Agent)
→ Common Shares (46,250.767 underlying)
46,250.767

Footnotes (8)

[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]End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
[F3]Nonqualified stock option granted under the Pentair Ltd. 2012 Stock and Incentive Plan.
[F4]One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.
[F5]This option is vested and exercisable.
[F6]Phantom stock units convert into common shares on a one-for-one basis.
[F7]Settlement of phantom stock units will be in Pentair Ltd. common shares in accordance with reporting person's irrevocable election.
[F8]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).

Documents

1 file