T Michael Glenn - Dec 1, 2022 Form 4 Insider Report for PENTAIR plc (PNR)

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for T. Michael Glenn
Stock symbol
PNR
Transactions as of
Dec 1, 2022
Transactions value $
-$51,429
Form type
4
Date filed
12/2/2022, 03:42 PM
Previous filing
Nov 7, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNR Common Shares Options Exercise $133K +3.95K +14.9% $33.72 30.4K Dec 1, 2022 Direct F1, F2
transaction PNR Common Shares Sale -$185K -3.95K -12.97% $46.75 26.5K Dec 1, 2022 Direct F1, F2
holding PNR Common Shares - Restricted Stock Units 2.15K Dec 1, 2022 Direct 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 PNR Director Stock Option (Right to Buy) Options Exercise $0 -3.95K -100% $0.00* 0 Dec 1, 2022 Common Shares 3.95K $33.72 Direct F1, F4
holding PNR Phantom Stock Units (Deferred Compensation 1.91K Dec 1, 2022 Common Shares 1.91K 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 for financial planning purposes.
F2 End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
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 common shares on a one-for-one basis.
F6 Settlement of phantom stock units will be in Pentair common shares in accordance with reporting person's irrevocable election.