David A. /wi Jones - 03 Jan 2023 Form 4 Insider Report for PENTAIR plc (PNR)

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for David A. Jones
Issuer symbol
PNR
Transactions as of
03 Jan 2023
Net transactions value
-$38,284
Form type
4
Filing time
04 Jan 2023, 17:41:44 UTC
Previous filing
02 Sep 2022
Next filing
14 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNR Common Shares - Restricted Stock Units Award $0 +3,319 $0.000000 3,319 03 Jan 2023 Direct F1, F2, F3
transaction PNR Common Shares Tax liability $38,284 -847 -3.5% $45.20 23,081 03 Jan 2023 Direct F3, F4

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
holding PNR Phantom Stock Units (Deferred Compensation) 54,828 03 Jan 2023 Common Shares 54,828 Plan Agent F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair plc 2020 Share and incentive Plan. Each restricted stock unit represents a right to receive one Pentair plc share upon vesting.
F2 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).
F3 End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
F4 Shares withheld to pay taxes applicable to vesting of restricted stock units
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.