PENTAIR LTD 4
4 · PENTAIR LTD · Filed Mar 3, 2014
Insider Transaction Report
Form 4
PENTAIR LTDPNR
KOURY FREDERICK S
Sr. Vice President, HR
Transactions
- Exercise/Conversion
Common Shares
2014-02-27$34.18/sh+70,000$2,392,600→ 125,505 total - Sale
Common Shares
2014-02-27$80.84/sh−67,075$5,422,095→ 58,430 total - Exercise/Conversion
Employee Stock Option (right to buy)
2014-02-27−70,000→ 0 totalExercise: $34.18From: 2009-01-02Exp: 2018-01-02→ Common Shares (70,000 underlying)
Holdings
- 0
Common Shares - ESPP
- 714.519(indirect: By ESOP)
Common Shares - ESOP
Footnotes (4)
- [F1]1,398 shares previously held through the employee stock purchase plan were transferred to the reporting person's personal account on February 12, 2014 and are now owned directly.
- [F2]The price in Column 4 is a weighted average price. The prices actually received ranged from $80.79 to $80.96. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F3]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).
- [F4]One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.