PENTAIR LTD 4
4 · PENTAIR LTD · Filed Jan 6, 2014
Insider Transaction Report
Form 4
PENTAIR LTDPNR
KOURY FREDERICK S
Sr. Vice President, HR
Transactions
- Award
Common Shares - Restricted Stock Units
2014-01-02+5,204→ 64,573 total - Award
Employee Stock Option (right to buy)
2014-01-02−17,452→ 17,452 totalExercise: $76.87From: 2015-01-02Exp: 2024-01-02→ Common Shares (17,452 underlying) - Tax Payment
Common Shares - Restricted Stock Units
2014-01-03$76.63/sh−1,529$117,167→ 60,237 total - Tax Payment
Common Shares - Restricted Stock Units
2014-01-04$76.63/sh−2,590$198,472→ 52,531 total
Holdings
- 54,107
Common Shares
- 1,394.857
Common Shares - ESPP
- 713.051(indirect: By ESOP)
Common Shares - ESOP
Footnotes (6)
- [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]Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- [F3]End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
- [F4]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).
- [F5]Employee stock option granted under the Pentair Ltd. 2012 Stock and Incentive Plan.
- [F6]One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.