Jerome O. Pedretti - Jan 3, 2023 Form 4 Insider Report for PENTAIR plc (PNR)

Signature
/s/ John K. Wilson, Attorney-in-Fact for Jerome O. Pedretti
Stock symbol
PNR
Transactions as of
Jan 3, 2023
Transactions value $
-$18,622
Form type
4
Date filed
1/4/2023, 06:58 PM
Previous filing
Mar 3, 2022
Next filing
Jan 6, 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 +7.74K +111.5% $0.00 14.7K Jan 3, 2023 Direct F1, F2, F3
transaction PNR Common Shares Tax liability -$18.6K -412 -2.12% $45.20 19K Jan 3, 2023 Direct F2, F4
holding PNR Common Shares - Deferral Plan 3.04K Jan 3, 2023 Plan Agent F3, F5

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 +26.1K $0.00 26.1K Jan 3, 2023 Common Shares 26.1K $45.20 Direct F6, F7
* 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 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 Shares withheld to pay taxes applicable to vesting of restricted stock units.
F5 Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
F6 Employee stock option granted under the Pentair plc 2020 Share and Incentive Plan.
F7 One-third of the stock options become exercisable on the first, second and third anniversary of the grant.