Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NVT | Ordinary Shares | Options Exercise | $0 | +6.9K | +7.07% | $0.00 | 105K | Mar 1, 2024 | Direct | F1 |
transaction | NVT | Ordinary Shares | Tax liability | -$35.5K | -517 | -0.52% | $68.74 | 98K | Mar 1, 2024 | Direct | F2, F3 |
transaction | NVT | Ordinary Shares - Restricted Stock Units | Award | $0 | +7.64K | +42.2% | $0.00 | 25.7K | Mar 1, 2024 | Direct | F4 |
holding | NVT | Ordinary Shares - Deferral Plan | 40K | Mar 1, 2024 | Plan Agent | F3, F5 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NVT | Employee Stock Option (right to buy) | Award | $0 | +19.3K | $0.00 | 19.3K | Mar 1, 2024 | Ordinary Shares | 19.3K | $68.74 | Direct | F6, F7 | |
transaction | NVT | Performance Share Units | Options Exercise | $0 | -6.9K | -100% | $0.00* | 0 | Mar 1, 2024 | Ordinary Shares | 6.9K | Direct | F1, F8 |
Id | Content |
---|---|
F1 | Reflects the vesting of performance share units in shares earned pursuant to the satisfaction of conditions set forth in footnote 8. |
F2 | Shares surrendered to pay taxes applicable to vesting of performance share units. |
F3 | End-of-period holdings reflect the deferral of vested performance share units. |
F4 | Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. One-third of the restricted stock units vest on the first, second and third anniversary of March 5, 2024. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting. |
F5 | Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election. |
F6 | Employee stock option granted under the nVent 2018 Omnibus Incentive Plan. |
F7 | One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2024. |
F8 | Performance share units vest during the March 1, 2021-March 1, 2024 performance period one-third if the closing price for nVent shares exceeds $26.25 for 20 consecutive days and the reporting person is employed for 1 year from the grant date, one-third if the closing price for nVent shares exceeds $28.35 for 20 consecutive days and the reporting person is employed for 2 years from the grant date, and one-third if the closing price for nVent shares exceeds $30.62 for 20 consecutive days and the reporting person is employed for 3 years from the grant date. Each of the foregoing nVent share price conditions has been satisfied. Each performance share unit represents a right to receive one nVent Electric plc share upon vesting. |