MONAHAN WILLIAM T 4
4 · nVent Electric plc · Filed May 9, 2018
Insider Transaction Report
Form 4
MONAHAN WILLIAM T
Director
Transactions
- Award
Ordinary Shares - Restricted Stock Units
2018-05-07+5,130→ 5,130 total
Holdings
- 17,133
Nonqualified Stock Option (right to buy)
Exercise: $8.37Exp: 2019-01-02→ Ordinary Shares (17,133 underlying) - 6,116
Nonqualified Stock Option (right to buy)
Exercise: $11.28Exp: 2020-01-04→ Ordinary Shares (6,116 underlying) - 6,558
Nonqualified Stock Option (right to buy)
Exercise: $16.65Exp: 2026-01-04→ Ordinary Shares (6,558 underlying) - 6,307
Nonqualified Stock Option (right to buy)
Exercise: $11.53Exp: 2022-01-03→ Ordinary Shares (6,307 underlying) - 4,225
Nonqualified Stock Option (right to buy)
Exercise: $12.49Exp: 2021-01-03→ Ordinary Shares (4,225 underlying) - 4,008
Nonqualified Stock Option (right to buy)
Exercise: $22.52Exp: 2025-01-02→ Ordinary Shares (4,008 underlying) - 5,244
Nonqualified Stock Option (right to buy)
Exercise: $19.57Exp: 2027-01-03→ Ordinary Shares (5,244 underlying) - 10,623.227(indirect: Plan Agent)
Phantom Stock Units (Deferred Compensation)
→ Ordinary Shares (10,623.227 underlying) - 41,329
Ordinary Shares
- 2,260
Nonqualified Stock Option (right to buy)
Exercise: $25.96Exp: 2024-01-02→ Ordinary Shares (2,260 underlying) - 2,561.364(indirect: Plan Agent)
Phantom Stock Units (Equity Compensation)
→ Ordinary Shares (2,561.364 underlying) - 3,947
Nonqualified Stock Option (right to buy)
Exercise: $17.10Exp: 2023-01-02→ Ordinary Shares (3,947 underlying)
Footnotes (8)
- [F1]Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
- [F2]Reflects ordinary shares received in a pro-rata distribution upon completion of the spin-off of nVent Electric plc from Pentair plc in an exempt transaction pursuant to Rule 16a-9.
- [F3]Each outstanding Pentair plc stock option was converted into an award of options to purchase nVent Electric plc ordinary shares In connection with the spin-off of nVent Electric plc from Pentair plc. The number of shares and exercise prices of each option award were adjusted in a manner intended to preserve the aggregate intrinsic value of the original Pentair plc stock option.
- [F4]This option is presently exercisable in full.
- [F5]Two-thirds of this option is presently exercisable. The remaining one-third becomes exercisable on January 4, 2019.
- [F6]One-third of this option is presently exercisable. The remaining two-thirds become exercisable on January 3, 2019 and January 3, 2020.
- [F7]Phantom stock units convert into ordinary shares on a one-for-one basis.
- [F8]Each outstanding Pentair plc phantom stock unit was converted into a nVent Electric plc phantom stock unit in connection with the spin-off of nVent Electric plc from Pentair plc. Settlement of phantom stock units will be in nVent Electric plc ordinary shares in accordance with reporting person's irrevocable election.