John L. Stauch - 02 Jan 2023 Form 4 Insider Report for PENTAIR plc (PNR)

Role: President & CEO, Director
Signature: /s/ John K. Wilson, Attorney-in-Fact for John L. Stauch
Issuer symbol: PNR
Transactions as of: 02 Jan 2023
Net transactions value: -$22,645
Form type: 4
Filing time: 04 Jan 2023, 18:54:37 UTC
Previous filing: 16 Dec 2022
Next filing: 06 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PNR	Common Shares	Tax liability	$11,752	-260	-32%	$45.20	549	02 Jan 2023	Direct	F1, F2, F3, F4
transaction	PNR	Common Shares	Tax liability	$10,893	-241	-19%	$45.20	1,035	03 Jan 2023	Direct	F1, F2, F3, F4
transaction	PNR	Common Shares - Restricted Stock Units	Award	$0	+34,292	+111%	$0.000000	65,270	03 Jan 2023	Direct	F3, F5, F6
holding	PNR	Common Shares						311,052	02 Jan 2023	By Spouse Trust	F4
holding	PNR	Common Shares - Deferral Plan						196,874	02 Jan 2023	Plan Agent	F3, F6, F7
holding	PNR	Common Shares - ESOP						915	02 Jan 2023	Plan Agent	F6

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	Employee Stock Option (right to buy)	Award	$0	+115,738		$0.000000	115,738	03 Jan 2023	Common Shares	115,738	$45.20	Direct	F8, F9

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares surrendered to pay taxes applicable to vesting of restricted stock units.
F2	End-of-period holdings include monthly purchases under the ESPP in exempt transactions pursuant to Rule 16b-3(c).
F3	End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
F4	Since the date of the reporting person's last ownership form, 7,059.6316 shares held directly have been transferred and are now held indirectly by a trust owned by the reporting person's spouse.
F5	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.
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	Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
F8	Employee stock option granted under the Pentair plc 2020 Share and Incentive Plan.
F9	One-third of the stock options become exercisable on the first, second and third anniversary of the grant.