SEC Form 4 · accession 0001140361-15-043193
PENTAIR plc · PNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glynis Bryan
Director
Period of report
Nov 30, 2015
Accepted (ET)
Dec 1, 2015 · 3:00 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 | Nov 30, 2015 | M | 10,000 | $38.88 | A | 25,880 | D | |
| Common SharesF1 | Nov 30, 2015 | S | 10,000 | $56.6926 | D | 15,880 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified Stock Option (right to buy)F2 | $38.88 | Nov 30, 2015 | M | 10,000 | D | — | Feb 21, 2016 | Common Shares | 10,000 | 0 | D |
| Phantom Stock Units (Deferred Compensation)F5,F3,F4 | — | holding | — | — | — | — | — | Common Shares | 4,841 | 4,841 | I |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $56.68 to $56.71. 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.
- F2This stock option is vested and exercisable.
- F3Phantom stock units convert into common shares on a one-for-one basis.
- F4Settlement of phantom stock units will be in Pentair plc common shares in accordance with reporting person's irrevocable election.
- F5End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).