SEC Form 4 · accession 0001140361-16-062482
PENTAIR plc · PNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl R. Frykman
Officer — President Aquatic Systems
Period of report
Apr 27, 2016
Accepted (ET)
Apr 28, 2016 · 5:59 pm EDT
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 | Apr 27, 2016 | M | 5,236 | $29.96 | A | 33,351 | D | |
| Common Shares | Apr 27, 2016 | M | 6,664 | $31.56 | A | 40,015 | D | |
| Common Shares | Apr 27, 2016 | S | 11,900 | $60.00 | D | 28,115 | 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)F2 | $29.96 | Apr 27, 2016 | M | 5,236 | D | Jan 16, 2008 | Jan 16, 2017 | Common Shares | 5,236 | 0 | D |
| Employee Stock Option (right to buy)F2 | $31.56 | Apr 27, 2016 | M | 6,664 | D | Mar 1, 2008 | Mar 1, 2017 | Common Shares | 6,664 | 0 | D |
Explanation of responses
- F1The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2016.
- F2One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.