Greg Scheu - 12 May 2023 Form 4 Insider Report for nVent Electric plc (NVT)

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for Greg Scheu
Issuer symbol
NVT
Transactions as of
12 May 2023
Transactions value $
-$62,535
Form type
4
Filing time
16 May 2023, 16:57:44 UTC
Previous filing
17 May 2022
Next filing
24 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares - Restricted Stock Units Award $0 +3.52K $0.00 3.52K 12 May 2023 Direct F1, F2
transaction NVT Ordinary Shares Tax liability -$62.5K -1.52K -11.11% $41.25 12.1K 12 May 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
F2 End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
F3 Shares surrendered to pay taxes applicable to vesting of restricted stock units.