Philip M. Rolchigo - 02 Jan 2024 Form 4 Insider Report for PENTAIR plc (PNR)

Role
EVP & Chief Technology Officer
Signature
/s/ John K. Wilson, Attorney-in-Fact for Philip M. Rolchigo
Issuer symbol
PNR
Transactions as of
02 Jan 2024
Net transactions value
-$3,687
Form type
4
Filing time
04 Jan 2024, 20:08:26 UTC
Previous filing
15 Dec 2023
Next filing
05 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNR Common Shares - Restricted Stock Units Award $0 +2,027 +57% $0.000000 5,568 02 Jan 2024 Direct F1, F2
transaction PNR Common Shares Tax liability $3,687 -54 -0.29% $68.28 18,647 03 Jan 2024 Direct F2, F3
holding PNR Common Shares - Deferral Plan 14,217 02 Jan 2024 Plan Agent F2, F4

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 Employee Stock Option (right to buy) Award $0 +5,941 $0.000000 5,941 02 Jan 2024 Common Shares 5,941 $70.92 Direct F5, F6
* 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 Pentair plc 2020 Share and Incentive Plan. Each restricted stock unit represents a right to receive one Pentair 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 Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
F5 Employee stock option granted under the Pentair plc 2020 Share and Incentive Plan.
F6 One-third of the stock options become exercisable on the first, second and third anniversary of the grant.