Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NVT | Ordinary Shares | Options Exercise | $0 | +3.45K | +1674.27% | $0.00 | 3.66K | Mar 1, 2022 | Direct | F1 |
transaction | NVT | Ordinary Shares | Tax liability | -$7.82K | -234 | -37.32% | $33.43 | 393 | Mar 1, 2022 | Direct | F2, F3 |
transaction | NVT | Ordinary Shares - Restricted Stock Units | Award | $0 | +5.24K | +14.57% | $0.00 | 41.2K | Mar 1, 2022 | Direct | F4 |
holding | NVT | Ordinary Shares - Deferral Plan | 5.74K | Mar 1, 2022 | Plan Agent | F3, F5, F6 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NVT | Employee Stock Option (right to buy) | Award | $0 | +18.9K | $0.00 | 18.9K | Mar 1, 2022 | Ordinary Shares | 18.9K | $33.43 | Direct | F7, F8 | |
transaction | NVT | Performance Share Units | Options Exercise | $0 | +3.45K | +99.97% | $0.00 | 6.9K | Mar 1, 2022 | Ordinary Shares | 3.45K | Direct | F1, F9 |
Id | Content |
---|---|
F1 | Reflects the vesting of performance share units in shares earned pursuant to the satisfaction of conditions set forth in footnote 9. |
F2 | Shares surrendered to pay taxes applicable to vesting of performance share units. |
F3 | End-of-period holdings reflect the deferral of vested performance share units. |
F4 | Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. One-third of the restricted stock units vest on the first, second and third anniversary of March 5, 2022. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting. |
F5 | Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election. |
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 | Employee stock option granted under the nVent 2018 Omnibus Incentive Plan. |
F8 | One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2022. |
F9 | Performance share units vest during the March 1, 2021-March 1, 2024 performance period one-third if the closing price for nVent shares exceeds $26.25 for 20 consecutive days and the reporting person is employed for 1 year from the grant date, one-third if the closing price for nVent shares exceeds $28.35 for 20 consecutive days and the reporting person is employed for 2 years from the grant date, and one-third if the closing price for nVent shares exceeds $30.62 for 20 consecutive days and the reporting person is employed for 3 years from the grant date. Each of the foregoing nVent share price conditions has been satisfied. Each performance share unit represents a right to receive one nVent Electric plc share upon vesting. |