Michael L. Ducker - May 12, 2023 Form 4 Insider Report for nVent Electric plc (NVT)

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for Michael L. Ducker
Stock symbol
NVT
Transactions as of
May 12, 2023
Transactions value $
-$66,083
Form type
4
Date filed
5/16/2023, 04:52 PM
Previous filing
Jan 25, 2023
Next filing
Jul 5, 2023

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 May 12, 2023 Direct F1, F2
transaction NVT Ordinary Shares Tax liability -$66.1K -1.6K -6.11% $41.25 24.6K May 12, 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.