SEC Form 4 · accession 0001140361-16-074120
PENTAIR plc · PNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randall J Hogan
Officer — Chairman & Chief Exec. Officer · Director
Period of report
Jul 28, 2016
Accepted (ET)
Aug 1, 2016 · 6:05 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 | Jul 28, 2016 | M | 102,282 | $30.05 | A | 104,904 | D | |
| Common Shares | Jul 28, 2016 | S | 102,282 | $64.00 | D | 2,622 | 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 | $30.05 | Jul 28, 2016 | M | 102,282 | D | Jan 3, 2008 | Jan 3, 2017 | Common Shares | 102,282 | 0 | D |
Explanation of responses
- F1The 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 3, 2017.
- F2One-third of the stock options became exercisable on the first, second and third anniversary of the grant.