Statement of Changes in Beneficial Ownership (4)
February 05 2020 - 4:19PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
BORIN MARK C |
2. Issuer Name and Ticker or Trading Symbol
PENTAIR plc
[
PNR
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP & Chief Financial Officer |
(Last)
(First)
(Middle)
5500 WAYZATA BLVD., SUITE 900 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/3/2020 |
(Street)
GOLDEN VALLEY, MN 55416
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Shares | 2/3/2020 | | M | | 15740 | A | $24.64 | 46390 | D | |
Common Shares | 2/3/2020 | | M | | 17761 | A | $22.73 | 64151 | D | |
Common Shares | 2/3/2020 | | S | | 33501 | D | $43.4995 (1) | 30650 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Employee Stock Option (right to buy) | $24.64 | 2/3/2020 | | M | | | 15740 | (2) | 1/3/2021 | Common Shares | 15740 | $0 | 0 | D | |
Employee Stock Option (right to buy) | $22.73 | 2/3/2020 | | M | | | 17761 | (2) | 1/3/2022 | Common Shares | 17761 | $0 | 0 | D | |
Explanation of Responses: |
(1) | The price in Column 4 is a weighted average price. The prices actually received ranged from $43.36 to $43.80. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price. |
(2) | This option is presently exercisable in full. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
BORIN MARK C 5500 WAYZATA BLVD., SUITE 900 GOLDEN VALLEY, MN 55416 |
|
| EVP & Chief Financial Officer |
|
Signatures
|
/s/ John K. Wilson, Attorney-in-Fact for Mark C. Borin | | 2/5/2020 |
**Signature of Reporting Person | Date |
Pentair (NYSE:PNR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Pentair (NYSE:PNR)
Historical Stock Chart
From Apr 2023 to Apr 2024