John L. Stauch - Jan 2, 2022 Form 4 Insider Report for PENTAIR plc (PNR)

Role
President & CEO, Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for John L. Stauch
Stock symbol
PNR
Transactions as of
Jan 2, 2022
Transactions value $
-$39,612
Form type
4
Date filed
1/4/2022, 04:52 PM
Previous filing
Dec 16, 2021
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNR Common Shares Tax liability -$39.6K -558 -32.09% $70.99 1.18K Jan 2, 2022 Direct F1, F2, F3, F4
transaction PNR Common Shares - Restricted Stock Units Award $0 +21.1K +64.76% $0.00 53.8K Jan 3, 2022 Direct F4, F5, F6
holding PNR Common Shares 304K Jan 2, 2022 By Spouse Trust F3
holding PNR Common Shares - ESOP 899 Jan 2, 2022 Plan Agent F6
holding PNR Common Shares - Deferral Plan 105K Jan 2, 2022 Plan Agent F6, F7

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) Award $0 +77.6K $0.00 77.6K Jan 3, 2022 Common Shares 77.6K $70.99 Direct F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares surrendered to pay taxes applicable to vesting of restricted stock units.
F2 End-of-period holdings include monthly purchases under the ESPP in exempt transactions pursuant to Rule 16b-3(c).
F3 Since the date of the reporting person's last ownership form, 69,266.6599 shares held directly have been transferred and are now held indirectly by a trust owned by the reporting person's spouse.
F4 End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
F5 Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair plc 2020 Share and Incentive Plan. Each restricted stock unit represents a right to receive one Pentair plc share upon vesting.
F6 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).
F7 Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
F8 Employee stock option granted under the Pentair plc 2020 Share and Incentive Plan.
F9 One-third of the stock options become exercisable on the first, second and third anniversary of the grant.