SEC Form 4 · accession 0001140361-15-000913
PENTAIR plc · PNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Randall J Hogan
Officer — Chairman & Chief Exec. Officer · Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 9:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000077360
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares - Restricted Stock UnitsF2 | Jan 2, 2015 | A | 46,991 | $0.00 | A | 294,553 | D | |
| Common SharesF2 | Jan 2, 2015 | F | 3,400 | $66.68 | D | 56,290 | D | |
| Common SharesF2 | Jan 3, 2015 | F | 19,209 | $63.96 | D | 86,602 | D |
Table II — derivative securities
| 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 | $66.68 | Jan 2, 2015 | A | 186,786 | A | Jan 2, 2016 | Jan 2, 2025 | Common Shares | 186,786 | 186,786 | D |
Explanation of responses
- F1Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair plc 2012 Stock and Incentive Plan. Each restricted stock unit represents a right to receive one share of Pentair plc common shares upon vesting.
- F2End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
- F3Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- F4Employee stock option granted under the Pentair Ltd. 2012 Stock and Incentive Plan.
- F5One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.