SEC Form 4 · accession 0001567619-19-000560
PENTAIR plc · PNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelly A Baker
Officer — EVP & Chief HR Officer
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 4:37 pm EST
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 | Jan 2, 2019 | A | 3,806 | $0.00 | A | 26,091 | 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)F3 | $37.77 | Jan 2, 2019 | A | 16,777 | A | — | Jan 2, 2029 | Common Shares | 16,777 | 16,777 | D |
Explanation of responses
- F1Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair plc 2012 Stock and Incentive Plan. Each restricted stock unit represents a right to receive one Pentair plc share upon vesting.
- F2Employee stock option granted under the Pentair plc 2012 Stock and Incentive Plan.
- F3One-third of the stock options become exercisable on the first, second and third anniversary of the grant.