Nicola Palmer - 12 May 2023 Form 4 Insider Report for nVent Electric plc (NVT)

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for Nicola Palmer
Issuer symbol
NVT
Transactions as of
12 May 2023
Net transactions value
-$66,082
Form type
4
Filing time
16 May 2023, 16:46:10 UTC
Previous filing
17 May 2022
Next filing
20 May 2024
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 +3,515 $0.000000 3,515 12 May 2023 Direct F1, F2
transaction NVT Ordinary Shares Tax liability $66,082 -1,602 -11% $41.25 13,114 12 May 2023 Direct F2, F3, F4
* 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 Electic 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.
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).