Randall J. Hogan - 14 May 2021 Form 4 Insider Report for nVent Electric plc (NVT)

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for Randall J. Hogan
Issuer symbol
NVT
Transactions as of
14 May 2021
Net transactions value
-$222,004
Form type
4
Filing time
18 May 2021, 17:16:38 UTC
Previous filing
12 May 2021
Next filing
19 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares - Restricted Stock Units Award $0 +5,591 $0.000000 5,591 14 May 2021 Direct F1
transaction NVT Ordinary Shares Options Exercise $124,939 +10,836 +6.3% $11.53* 183,600 17 May 2021 Direct
transaction NVT Ordinary Shares Sale $346,943 -10,836 -5.9% $32.02 172,764 17 May 2021 Direct F2

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 Stock Option (right to buy) Options Exercise $0 -10,836 -63% $0.000000 6,456 17 May 2021 Ordinary Shares 10,836 $11.53 Direct 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 and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
F2 The price in Column 4 is a weighted average price. The prices actually received ranged from $32.00 to $32.06. 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 This option is presently exercisable in full.