Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NVT | Ordinary Shares | Options Exercise | $0 | +4.14K | +26.69% | $0.00 | 19.6K | Mar 1, 2022 | Direct | F1 |
transaction | NVT | Ordinary Shares | Tax liability | -$68.6K | -2.05K | -10.45% | $33.43 | 17.6K | Mar 1, 2022 | Direct | F2 |
transaction | NVT | Ordinary Shares - Restricted Stock Units | Award | $0 | +4.11K | +63.75% | $0.00 | 10.6K | Mar 1, 2022 | Direct | F3 |
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 | +14.9K | $0.00 | 14.9K | Mar 1, 2022 | Ordinary Shares | 14.9K | $33.43 | Direct | F4, F5 | |
transaction | NVT | Performance Share Units | Options Exercise | $0 | -4.14K | -33.33% | $0.00 | 8.28K | Mar 1, 2022 | Ordinary Shares | 4.14K | Direct | F1, F6 |
Id | Content |
---|---|
F1 | Reflects the vesting of performance share units in shares earned pursuant to the satisfaction of conditions set forth in footnote 6. |
F2 | Shares surrendered to pay taxes applicable to vesting of performance share units. |
F3 | 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. |
F4 | Employee stock option granted under the nVent 2018 Omnibus Incentive Plan. |
F5 | One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2022. |
F6 | 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. |