Stephen J. Pilla - Jan 3, 2023 Form 4 Insider Report for PENTAIR plc (PNR)

Signature
/s/ John K. Wilson, Attorney-in-Fact for Stephen J. Pilla
Stock symbol
PNR
Transactions as of
Jan 3, 2023
Transactions value $
-$13,018
Form type
4
Date filed
1/4/2023, 07:02 PM
Previous filing
Jan 6, 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 +5.25K +29.75% $0.00 22.9K Jan 3, 2023 Direct F1, F2, F3
transaction PNR Common Shares Tax liability -$13K -288 -13.25% $45.20 1.89K Jan 3, 2023 Direct F3, F4, 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 +17.7K $0.00 17.7K Jan 3, 2023 Common Shares 17.7K $45.20 Direct F6, F7

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 End-of-period holdings include monthly purchases under the ESPP in exempt transactions pursuant to Rule 16b-3(c).
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.