SEC Form 4 · accession 0001140361-17-017403
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
Apr 26, 2017
Accepted (ET)
Apr 28, 2017 · 5:00 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 | 110,325 | $34.18 | A | 198,111 | D | |
| Common Shares | Apr 26, 2017 | S | 110,325 | $65.00 | D | 87,786 | 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 | $34.18 | Apr 26, 2017 | M | 110,325 | D | Jan 2, 2009 | Jan 2, 2018 | Common Shares | 110,325 | 220,000 | 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 2, 2018.
- F2One-third of the stock options became exercisable on the first, second and third anniversary of the grant.