Michael B. Faulconer - 29 Feb 2024 Form 4 Insider Report for nVent Electric plc (NVT)

Signature
/s/ John K. Wilson, Attorney-in-Fact for Michael D. Faulconer
Issuer symbol
NVT
Transactions as of
29 Feb 2024
Transactions value $
-$671,189
Form type
4
Filing time
01 Mar 2024, 17:05:42 UTC
Previous filing
20 Feb 2024
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares Options Exercise $66.9K +2.99K +7.28% $22.36 44.1K 29 Feb 2024 Direct
transaction NVT Ordinary Shares Sale -$738K -11K -24.87% $67.33 33.1K 29 Feb 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NVT Employee Stock Option (right to buy) Options Exercise $0 -2.99K -100% $0.00* 0 29 Feb 2024 Ordinary Shares 2.99K $22.36 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The prices actually received ranged from $66.77 to $67.76. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F2 This option is presently exercisable in full.