Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NVT | Ordinary Shares | Options Exercise | $0 | +2.07K | +11.53% | $0.00 | 20K | Mar 1, 2023 | Direct | F1 |
transaction | NVT | Ordinary Shares | Tax liability | -$33.3K | -722 | -3.7% | $46.15 | 18.8K | Mar 1, 2023 | Direct | F2, F3 |
transaction | NVT | Ordinary Shares - Restricted Stock Units | Award | $0 | +1.9K | +13.74% | $0.00 | 15.7K | Mar 1, 2023 | Direct | F4 |
holding | NVT | Ordinary Shares - Deferral Plan | 6.52K | Mar 1, 2023 | Direct | F3, F5 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NVT | Employee Stock Option (right to buy) | Award | $0 | +5.28K | $0.00 | 5.28K | Mar 1, 2023 | Ordinary Shares | 5.28K | $46.15 | Direct | F6, F7 | |
transaction | NVT | Performance Share Units | Options Exercise | $0 | -2.07K | -50% | $0.00 | 2.07K | Mar 1, 2023 | Ordinary Shares | 2.07K | Direct | F1, F8 |
Id | Content |
---|---|
F1 | Reflects the vesting of performance share units in shares earned pursuant to the satisfaction of conditions set forth in footnote 8. |
F2 | Shares surrendered to pay taxes applicable to vesting of performance share units. |
F3 | End-of-period holdings reflect the deferral of vested performance share units. |
F4 | Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. One-third of the restricted stock units vest on the first, second and third anniversary of March 5, 2023. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting. |
F5 | Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election |
F6 | Employee stock option granted under the nVent 2018 Omnibus Incentive Plan. |
F7 | One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2023. |
F8 | Performance share units vest during the March 1, 2021-March 1, 2024 performance period one-third if the closing price for nVent shares exceeds $26.25 for 20 consecutive days and the reporting person is employed for 1 year from the grant date, one-third if the closing price for nVent shares exceeds $28.35 for 20 consecutive days and the reporting person is employed for 2 years from the grant date, and one-third if the closing price for nVent shares exceeds $30.62 for 20 consecutive days and the reporting person is employed for 3 years from the grant date. Each of the foregoing nVent share price conditions has been satisfied. Each performance share unit represents a right to receive one nVent Electric plc share upon vesting. |