SEC Form 4 · accession 0001140361-18-019085

PENTAIR plc · PNR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman & Chief Exec. Officer · Director

Period of report

Apr 17, 2018

Accepted (ET)

Apr 19, 2018 · 5:38 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 17, 2018	M	50,000	$24.78	A	83,055	D
Common Shares	Apr 17, 2018	S	50,000	$71.00	D	33,055	D
Common Shares	Apr 18, 2018	M	50,000	$24.78	A	83,055	D
Common Shares	Apr 18, 2018	S	50,000	$72.00	D	33,055	D
Common Shares - Deferral Plan^F3,F2	holding	—	—		—	60,842	I	Plan Agent
Common Shares - ESOP^F3	holding	—	—		—	2,290	I	By ESOP

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	$24.78	Apr 17, 2018	M	50,000	D	Jan 2, 2010	Jan 2, 2019	Common Shares	50,000	255,253	D
Employee Stock Option (right to buy)^F4	$24.78	Apr 18, 2018	M	50,000	D	Jan 2, 2010	Jan 2, 2019	Common Shares	50,000	205,253	D

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, 2019.
F2Shares of Pentair plc common stock will be delivered to the reporting person in accordance with their irrevocable deferral election.
F3End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transaction not required to be reported pursuant to Section 16(a).
F4One-third of the stock options became exercisable on the first, second and third anniversary of the grant.