SEC Form 4 · accession 0001140361-18-021586
nVent Electric plc · NVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cafico Trust Co Ltd
10% Owner
Period of report
Apr 30, 2018
Accepted (ET)
May 3, 2018 · 6:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001720635
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares, nominal value $0.01 per share | Apr 30, 2018 | J | 2 | $0.00 | D | 0 | D | |
| Euro Deferred Shares, nominal value 1.00 Euro per share | Apr 30, 2018 | J | 25,000 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective as of April 30, 2018 (the "Distribution Date"), Pentair plc ("Pentair") completed the separation of its Electrical business from the rest of Pentair by means of a declaration of a dividend in specie of the Electrical business, effected by the transfer of the Electrical business from Pentair to nVent Electric plc ("nVent") and the issuance by nVent of ordinary shares in its share capital. In connection with the separation of the Electrical business, nVent acquired (i) the 2 ordinary shares, nominal value $0.01 per share, and (ii) the 25,000 Euro deferred shares, par value Euro 1.00 per share, of nVent held beneficially by Cafico Trust Company Limited for no consideration in accordance with the Irish Companies Act 2014 and cancelled such shares.