4//SEC Filing
MONAHAN WILLIAM T 4
Accession 0001140361-18-022567
CIK 0001720635other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 5:41 PM ET
Size
22.0 KB
Accession
0001140361-18-022567
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.
Documents
Issuer
nVent Electric plc
CIK 0001720635
Entity typeother
Related Parties
1- filerCIK 0001105475
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 5:41 PM ET
- Size
- 22.0 KB