Ronald Merriman - Jan 3, 2022 Form 4 Insider Report for nVent Electric plc (NVT)

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for Ronald L. Merriman
Stock symbol
NVT
Transactions as of
Jan 3, 2022
Transactions value $
-$170,100
Form type
4
Date filed
1/5/2022, 03:44 PM
Previous filing
Jun 15, 2021
Next filing
Mar 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares Options Exercise $72.7K +6.31K +18.46% $11.53 40.5K Jan 3, 2022 Direct F1
transaction NVT Ordinary Shares Sale -$243K -6.31K -15.58% $38.50 34.2K Jan 3, 2022 Direct F1
holding NVT Ordinary Shares - Deferral Plan 342 Jan 3, 2022 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
transaction NVT Stock Option (right to buy) Options Exercise $0 -6.31K -100% $0.00* 0 Jan 3, 2022 Ordinary Shares 6.31K $11.53 Direct F1, F4
holding NVT Phantom Stock Units (Deferred Compensation) 140 Jan 3, 2022 Ordinary Shares 140 Plan Agent F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in connection with stock options that will expire on January 3, 2022.
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 This option is presently exercisable in full.
F5 Phantom stock units convert into ordinary shares on a one-for-one basis.
F6 Settlement of phantom stock units will be in nVent Electric plc ordinary shares in accordance with reporting person's irrevocable election.