SEC Form 4 · accession 0001140361-17-017396
PENTAIR plc · PNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerry W Burris
Director
Period of report
Apr 26, 2017
Accepted (ET)
Apr 28, 2017 · 4:57 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 26, 2017 | M | 10,000 | $34.58 | A | 24,358 | D | |
| Common Shares | Apr 26, 2017 | S | 5,325 | $65.00 | D | 19,033 | D | |
| Common Shares | Apr 26, 2017 | M | 10,000 | $34.18 | A | 29,033 | D | |
| Common Shares | Apr 26, 2017 | S | 5,263 | $65.00 | D | 23,770 | 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)F3 | $34.58 | Apr 26, 2017 | M | 10,000 | D | — | Oct 23, 2017 | Common Shares | 10,000 | 0 | D |
| Nonqualified Stock Option (right to buy)F3 | $34.18 | Apr 26, 2017 | M | 10,000 | D | — | Jan 2, 2018 | Common Shares | 10,000 | 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 October 23, 2017.
- F2The 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 2, 2018.
- F3These options are vested and exercisable.