John L. Stauch - May 10, 2021 Form 4 Insider Report for PENTAIR plc (PNR)

Signature
/s/ John K. Wilson, Attorney-in-Fact for John L. Stauch
Stock symbol
PNR
Transactions as of
May 10, 2021
Transactions value $
-$2,504,738
Form type
4
Date filed
5/12/2021, 04:49 PM
Next filing
Jun 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNR Common Shares Options Exercise $1.71M +50.6K +169.97% $33.72 80.4K May 10, 2021 Direct F3
transaction PNR Common Shares Tax liability -$2.56M -36.9K -45.86% $69.41 43.5K May 10, 2021 Direct F1, F3
transaction PNR Common Shares Options Exercise $3.08M +93.9K +215.79% $32.83 137K May 10, 2021 Direct F3
transaction PNR Common Shares Tax liability -$4.74M -68.3K -49.67% $69.37 69.2K May 10, 2021 Direct F2, F3
holding PNR Common Shares - Restricted Stock Units 49.8K May 10, 2021 Direct F4
holding PNR Common Shares - ESOP 895 May 10, 2021 Plan Agent F4
holding PNR Common Shares - Deferral Plan 88.8K May 10, 2021 Plan Agent F4, F5

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) Options Exercise $0 -50.6K -100% $0.00* 0 May 10, 2021 Common Shares 50.6K $33.72 Direct F6
transaction PNR Employee Stock Option (right to buy) Options Exercise $0 -93.9K -100% $0.00* 0 May 10, 2021 Common Shares 93.9K $32.83 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The prices actually received ranged from $69.20 to $69.42. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F2 The price in Column 4 is a weighted average price. The prices actually received ranged from $69.26 to $69.37. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F3 End-of-period holdings include monthly purchases under the ESPP in exempt transactions pursuant to Rule 16b-3(c).
F4 End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
F5 Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
F6 This option is presently exercisable in full.