4//SEC Filing
Noonan Elizabeth C 4
Accession 0001567619-21-005556
CIK 0001720635other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:04 PM ET
Size
11.4 KB
Accession
0001567619-21-005556
Insider Transaction Report
Form 4
Noonan Elizabeth C
EVP and Chief Growth Officer
Transactions
- Award
Ordinary Shares - Restricted Stock Units
2021-03-01+4,991→ 8,207 total - Award
Employee Stock Option (right to buy)
2021-03-01+22,415→ 22,415 totalExercise: $27.55Exp: 2031-03-01→ Ordinary Shares (22,415 underlying) - Award
Performance Share Units
2021-03-01+10,348→ 10,348 total→ Ordinary Shares (10,348 underlying)
Holdings
- 1,344.691(indirect: Plan Agent)
Ordinary Shares - Deferral Plan
Footnotes (7)
- [F1]Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. One-third of the restricted stock units vest on the first, second and third anniversary of March 5, 2021. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
- [F2]Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
- [F3]End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
- [F4]Employee stock option granted under the nVent 2018 Omnibus Incentive Plan.
- [F5]One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2021.
- [F6]Performance share units will vest during the March 1, 2021-March 1, 2024 performance period one-third if the closing price for nVent shares exceeds $26.25 for 20 consecutive days and the reporting person is employed for 1 year from the grant date, one-third if the closing price for nVent shares exceeds $28.35 for 20 consecutive days and the reporting person is employed for 2 years from the grant date, and one-third if the closing price for nVent shares exceeds $30.62 for 20 consecutive days and the reporting person is employed for 3 years from the grant date.
- [F7]Performance share units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. Each performance share unit represents a right to receive one nVent Electric plc share upon vesting.
Documents
Issuer
nVent Electric plc
CIK 0001720635
Entity typeother
Related Parties
1- filerCIK 0001789855
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:04 PM ET
- Size
- 11.4 KB