PENTAIR plc 4
4 · PENTAIR plc · Filed Jan 5, 2017
Insider Transaction Report
Form 4
PENTAIR plcPNR
LAGESON ANGELA D
Sr. VP, Gen. Counsel & Secy.
Transactions
- Award
Common Shares - Restricted Stock Units
[F1][F2]2017-01-03+4,314→ 12,911 total - Tax Payment
Common Shares
[F3][F2]2017-01-03$57.95/sh−2,301$133,343→ 30,399 total - Award
Employee Stock Option (right to buy)
[F6][F7]2017-01-03+20,250→ 20,250 totalExercise: $57.95From: 2018-01-03Exp: 2027-01-03→ Common Shares (20,250 underlying)
Holdings
- 653.964(indirect: By ESOP)
Common Shares - ESOP
[F4] - 3,623.487(indirect: Plan Agent)
Common Shares - Deferral Plan
[F4][F5]
Footnotes (7)
- [F1]Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair plc 2012 Stock and Incentive Plan. Each restricted stock unit represents a right to receive one share of Pentair plc common shares upon vesting.
- [F2]End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
- [F3]Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- [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]Pentair common shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
- [F6]Employee stock option granted under the Pentair plc 2012 Stock and Incentive Plan.
- [F7]One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.
Signature
/s/ John K. Wilson, Attorney-in-Fact for Angela D. Jilek|2017-01-05