Jerry W. Burris - Feb 16, 2024 Form 4 Insider Report for nVent Electric plc (NVT)

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for Jerry W. Burris
Stock symbol
NVT
Transactions as of
Feb 16, 2024
Transactions value $
-$163,807
Form type
4
Date filed
2/20/2024, 05:11 PM
Previous filing
Jan 3, 2024
Next filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares Options Exercise $90.3K +4.01K +9.31% $22.52 47.1K Feb 16, 2024 Direct F1
transaction NVT Ordinary Shares Sale -$254K -4.01K -8.51% $63.39 43.1K Feb 16, 2024 Direct F1

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 NVT Nonqualified Stock Options (right to buy) Options Exercise $0 -4.01K -100% $0.00* 0 Feb 16, 2024 Ordinary Shares 4.01K $22.52 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 on November 15, 2023.
F2 This option is presently exercisable in full.