Pettit Thomas F 4
4 · nVent Electric plc · Filed Jan 4, 2019
Insider Transaction Report
Form 4
Pettit Thomas F
See Remarks below
Transactions
- Award
Ordinary Shares - Restricted Stock Units
2019-01-02+2,777→ 37,013.696 total - Tax Payment
Ordinary Shares
2019-01-02$22.51/sh−1,106$24,896→ 12,984.638 total - Award
Employee Stock Option (right to buy)
2019-01-02+13,459→ 13,459 totalExercise: $22.51Exp: 2029-01-02→ Ordinary Shares (13,459 underlying)
Footnotes (5)
- [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]Employee stock option granted under the nVent Electric plc 2018 Omnibus Incentive Plan.
- [F5]One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.