SEC Form 4 · accession 0001567619-19-000621
nVent Electric plc · NVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Merriman
Director
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 6:07 pm EST
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 | Jan 2, 2019 | A | 5,775 | $0.00 | A | 10,905 | D | |
| Ordinary Shares - Deferral PlanF3,F2 | holding | — | — | — | 314 | I | Plan Agent |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock Units (Deferred Compensation)F3,F4,F5 | — | holding | — | — | — | — | — | Ordinary Shares | 128 | 128 | I |
Explanation of responses
- 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.
- F2Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
- F3End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
- F4Phantom stock units convert into ordinary shares on a one-for-one basis.
- F5Settlement of phantom stock units will be in nVent Electric plc ordinary shares in accordance with reporting person's irrevocable election.