SEC Form 4 · accession 0001140361-18-022591

nVent Electric plc · NVT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — See Remarks below

Period of report

May 7, 2018

Accepted (ET)

May 9, 2018 · 5:53 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 - Restricted Stock Units^F2	May 7, 2018	A	5,426	$0.00	A	58,479	D
Ordinary Shares^F3	holding	—	—		—	14	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F5	$25.34	May 7, 2018	A	27,262	A	—	May 7, 2028	Ordinary Shares	27,262	27,262	D

F1Restricted 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.
F2Includes 53,053 restricted stock units ("RSUs") as a result of each outstanding Pentair plc RSU being converted into an RSU denominated in nVent Electric plc ordinary shares in a manner intended to preserve the aggregate intrinsic value of the original Pentair plc RSU in connection with the spin-off of nVent Electric plc from Pentair plc.
F3Reflects ordinary shares received in a pro-rata distribution upon completion of the spin-off of nVent Electric plc from Pentair plc in an exempt transaction pursuant to Rule 16a-9.
F4Employee stock option granted under the nVent Electric plc 2018 Omnibus Incentive Plan.
F5One-third of the stock options become exercisable on each of January 2, 2019, 2020 and 2021.

Executive Vice President, Chief Growth and Strategy Officer