SEC Form 4 · accession 0001140361-18-029935
nVent Electric plc · NVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randall J Hogan
Director
Period of report
Jun 22, 2018
Accepted (ET)
Jun 26, 2018 · 4:25 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 | Jun 22, 2018 | M | 50,000 | $8.37 | A | 88,730 | D | |
| Ordinary SharesF3 | Jun 22, 2018 | S | 50,000 | $26.815 | D | 38,730 | D | |
| Ordinary Shares | Jun 22, 2018 | M | 104,462 | $8.37 | A | 143,192 | D | |
| Ordinary SharesF4 | Jun 22, 2018 | S | 104,462 | $26.769 | D | 38,730 | D | |
| Ordinary Shares | Jun 22, 2018 | M | 50,000 | $8.37 | A | 88,730 | D | |
| Ordinary SharesF5 | Jun 22, 2018 | S | 50,000 | $26.8153 | D | 38,730 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $8.37 | Jun 22, 2018 | M | 50,000 | D | — | Jan 2, 2019 | Ordinary Shares | 50,000 | 154,462 | D |
| Stock Option (right to buy)F1 | $8.37 | Jun 22, 2018 | M | 50,000 | D | — | Jan 2, 2019 | Ordinary Shares | 50,000 | 104,462 | D |
| Stock Option (right to buy)F1 | $8.37 | Jun 22, 2018 | M | 104,462 | D | — | Jan 2, 2019 | Ordinary Shares | 104,462 | 0 | D |
Explanation of responses
- F1This option is presently exercisable in full.
- F2The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2019.
- F3The price reported in Column 4 is a weighted average price. The prices actually received ranged from $26.50 to $27.30. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- F4The price in Column 4 is a weighted average price. The prices actually received ranged from $26.39 to $27.33. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- F5The price in Column 4 is a weighted average price. The prices actually received ranged from $26.39 to $27.275. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.