Michael B. Faulconer - 21 Feb 2022 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
21 Feb 2022
Transactions value $
-$96,208
Form type
4
Filing time
23 Feb 2022, 17:12:07 UTC
Previous filing
05 Jan 2022
Next filing
03 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares Award $0 +5.83K +46.41% $0.00 18.4K 21 Feb 2022 Direct F1, F2
transaction NVT Ordinary Shares Tax liability -$96.2K -2.89K -15.71% $33.29 15.5K 22 Feb 2022 Direct F2, F3
holding NVT Ordinary Shares - ESOP 140 21 Feb 2022 By ESOP F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the settlement of performance share units in shares earned for the performance period ended December 31, 2021. The Compensation Committee certified the achievement of the performance goals on February 21, 2022.
F2 End-of-period holdings include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in exempt transactions pursuant to Rule 16b-3(c).
F3 Shares surrendered to pay taxes applicable to settlement of performance share units.
F4 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).