McMahan Stacy Powell 4
4 · nVent Electric plc · Filed Jan 4, 2019
Insider Transaction Report
Form 4
McMahan Stacy Powell
EVP & Chief Financial Officer
Transactions
- Award
Ordinary Shares - Restricted Stock Units
2019-01-02+12,217→ 38,986 total - Tax Payment
Ordinary Shares
2019-01-02$22.51/sh−1,033$23,253→ 2,162.07 total - Award
Employee Stock Option (right to buy)
2019-01-02+59,220→ 59,220 totalExercise: $22.51Exp: 2029-01-02→ Ordinary Shares (59,220 underlying)
Footnotes (6)
- [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]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 monthly purchase(s) under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in exempt transaction(s) pursuant to Rule 16b-3(c).
- [F5]Employee stock option granted under the nVent Electric plc 2018 Omnibus Incentive Plan.
- [F6]One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.