Martha Claire Bennett - 01 Mar 2024 Form 4 Insider Report for nVent Electric plc (NVT)

Signature
/s/ John K. Wilson, Attorney-in-Fact for Martha Claire Bennett
Issuer symbol
NVT
Transactions as of
01 Mar 2024
Net transactions value
$0
Form type
4
Filing time
05 Mar 2024, 18:41:23 UTC
Previous filing
13 Feb 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares - Restricted Stock Units Award $0 +1,818 +15% $0.000000 13,575 01 Mar 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 Employee Stock Option (right to buy) Award $0 +4,603 $0.000000 4,603 01 Mar 2024 Ordinary Shares 4,603 $68.74 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 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.
F2 Employee stock option granted under the nVent 2018 Omnibus Incentive Plan.
F3 One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2024.