SEC Form 4 · accession 0001140361-18-021300
PENTAIR plc · PNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl R. Frykman
Officer — EVP & Chief Operating Officer
Period of report
Apr 30, 2018
Accepted (ET)
May 2, 2018 · 5:11 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 - Restricted Stock Units | Apr 30, 2018 | A | 20,525 | $0.00 | A | 26,519 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock units granted to the reporting person under the Pentair plc 2012 Stock and Incentive Plan for which the performance conditions to vesting were satisfied as of April 30, 2018. The restricted stock units are subject to time-based vesting conditions as to 8,945.16 shares that vest on January 1, 2019 and 11,579.91 shares that vest on January 1, 2020. Each restricted stock unit represents a right to receive one share of Pentair plc common shares upon vesting.