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

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for Jerry W. Burris
Issuer symbol
NVT
Transactions as of
16 Feb 2024
Net transactions value
-$163,807
Form type
4
Filing time
20 Feb 2024, 17:11:24 UTC
Previous filing
03 Jan 2024
Next filing
20 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares Options Exercise $90,260 +4,008 +9.3% $22.52 47,080 16 Feb 2024 Direct F1
transaction NVT Ordinary Shares Sale $254,067 -4,008 -8.5% $63.39 43,072 16 Feb 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 -4,008 -100% $0.000000* 0 16 Feb 2024 Ordinary Shares 4,008 $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.