Ronald Merriman - 14 May 2021 Form 4 Insider Report for nVent Electric plc (NVT)

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for Ronald L. Merriman
Issuer symbol
NVT
Transactions as of
14 May 2021
Net transactions value
$0
Form type
4
Filing time
18 May 2021, 17:19:51 UTC
Next filing
20 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
holding NVT Ordinary Shares - Deferral Plan 339 14 May 2021 Plan Agent F2, F3

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
holding NVT Phantom Stock Units (Deferred Compensation) 138 14 May 2021 Ordinary Shares 138 Plan Agent F3, F4, F5
* 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 Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
F3 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).
F4 Phantom stock units convert into ordinary shares on a one-for-one basis.
F5 Settlement of phantom stock units will be in nVent Electric plc ordinary shares in accordance with reporting person's irrevocable election.