Randolph A. Wacker - Feb 21, 2022 Form 4 Insider Report for nVent Electric plc (NVT)

Role
SVP & Chief Accounting Officer
Signature
/s/ John K. Wilson, Attorney-in-Fact for Randolph A. Wacker
Stock symbol
NVT
Transactions as of
Feb 21, 2022
Transactions value $
-$42,778
Form type
4
Date filed
2/23/2022, 05:08 PM
Previous filing
Jan 5, 2022
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares Award $0 +2.78K +26.64% $0.00 13.2K Feb 21, 2022 Direct F1, F2, F3
transaction NVT Ordinary Shares Tax liability -$42.8K -1.29K -9.73% $33.29 11.9K Feb 22, 2022 Direct F2, F3, F4
holding NVT Ordinary Shares - ESOP 1.02K Feb 21, 2022 By ESOP F3
holding NVT Ordinary Shares - Deferral Plan 2.37K Feb 21, 2022 Plan Agent F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the settlement of performance share units in shares earned for the performance period ended December 31, 2021. The Compensation Committee certified the achievement of the performance goals on February 21, 2022.
F2 End-of-period holdings include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in exempt transactions pursuant to Rule 16b-3(c).
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 Shares surrendered to pay taxes applicable to settlement of performance share units.
F5 Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.