SEC Form 4 · accession 0001140361-17-017407
PENTAIR plc · PNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Angela D. Jilek
Officer — Sr. VP, Gen. Counsel & Secy.
Period of report
Apr 26, 2017
Accepted (ET)
Apr 28, 2017 · 5:01 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 | 1,367 | $32.40 | A | 33,262 | D | |
| Common Shares | Apr 26, 2017 | S | 1,367 | $65.00 | D | 31,895 | D | |
| Common Shares - ESOPF2 | holding | — | — | — | 657 | I | By ESOP | |
| Common Shares - Deferral PlanF2,F3 | holding | — | — | — | 3,645 | I | Plan Agent |
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)F4 | $32.40 | Apr 26, 2017 | M | 1,367 | D | Mar 3, 2009 | Mar 3, 2018 | Common Shares | 1,367 | 1,432 | 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 March 3, 2018.
- F2End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
- F3Pentair common shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
- F4One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.