T MICHAEL GLENN - 01 Dec 2021 Form 4 Insider Report for PENTAIR plc (PNR)

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for T. Michael Glenn
Issuer symbol
PNR
Transactions as of
01 Dec 2021
Transactions value $
-$328,405
Form type
4
Filing time
03 Dec 2021, 16:12:51 UTC
Previous filing
24 May 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNR Common Shares Options Exercise $143K +6.31K +26.56% $22.73 30.1K 01 Dec 2021 Direct F1
transaction PNR Common Shares Sale -$472K -6.31K -20.99% $74.80 23.7K 01 Dec 2021 Direct F1
holding PNR Common Shares - Restricted Stock Units 2.75K 01 Dec 2021 Direct F2

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 PNR Director Stock Option (Right to Buy) Options Exercise $0 -6.31K -100% $0.00* 0 01 Dec 2021 Common Shares 6.31K $22.73 Direct F1, F3
holding PNR Phantom Stock Units (Deferred Compensation) 1.88K 01 Dec 2021 Common Shares 1.88K Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes.
F2 End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
F3 This option is presently exercisable in full.
F4 Phantom stock units convert into common shares on a one-for-one basis.
F5 Settlement of phantom stock units will be in Pentair common shares in accordance with reporting person's irrevocable election.