AINSWORTH LOUIS L 4
4 · PENTAIR INC · Filed Jan 6, 2010
Insider Transaction Report
Form 4
PENTAIR INCPNR
AINSWORTH LOUIS L
Sr. Vice President, Secretary
Transactions
- Award
Employee Stock Option (right to buy)
2010-01-04+54,191→ 54,191 totalExercise: $33.38From: 2011-01-04Exp: 2020-01-04→ Common Stock (54,191 underlying) - Tax Payment
Common Stock
2010-01-04$33.38/sh−2,650$88,457→ 134,273.413 total - Award
Common Stock - Restricted Stock Units
2010-01-04+12,167→ 22,167 total
Footnotes (4)
- [F1]Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair, Inc. 2008 Omnibus Stock Incentive Plan, as Amended. Each restricted stock unit represents a right to receive one share of Pentair, Inc. common stock upon vesting.
- [F2]Shares surrendered to pay taxes applicable to vesting of restricted stock.
- [F3]Employee stock option granted under the Pentair, Inc. 2008 Omnibus Stock Incentive Plan, as Amended.
- [F4]One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.