SEC Form 4 · accession 0001140361-17-021374
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
May 16, 2017
Accepted (ET)
May 18, 2017 · 4:37 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 | May 16, 2017 | M | 1,432 | $32.40 | A | 33,327 | D | |
| Common Shares | May 16, 2017 | M | 2,638 | $19.13 | A | 35,965 | D | |
| Common Shares | May 16, 2017 | M | 2,067 | $34.23 | A | 38,032 | D | |
| Common Shares | May 16, 2017 | F | 2,558 | $65.50 | D | 35,474 | D | |
| Common Shares - ESOPF1 | holding | — | — | — | 724 | I | By ESOP | |
| Common Shares - Deferral PlanF1,F2 | holding | — | — | — | 3,663 | 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)F3 | $32.40 | May 16, 2017 | M | 1,432 | D | Mar 3, 2009 | Mar 3, 2018 | Common Shares | 1,432 | 0 | D |
| Employee Stock Option (right to buy)F3 | $19.13 | May 16, 2017 | M | 2,638 | D | Mar 3, 2010 | Mar 3, 2019 | Common Shares | 2,638 | 2,177 | D |
| Employee Stock Option (right to buy)F3 | $34.23 | May 16, 2017 | M | 2,067 | D | Mar 2, 2011 | Mar 2, 2020 | Common Shares | 2,067 | 10,696 | D |
Explanation of responses
- F1End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
- F2Pentair common shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
- F3One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.