0001140361-18-022587.txt : 20180509 0001140361-18-022587.hdr.sgml : 20180509 20180509175153 ACCESSION NUMBER: 0001140361-18-022587 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180507 FILED AS OF DATE: 20180509 DATE AS OF CHANGE: 20180509 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Pettit Thomas F CENTRAL INDEX KEY: 0001613910 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38265 FILM NUMBER: 18819760 MAIL ADDRESS: STREET 1: 5695 MERRY LANE CITY: EXCELSIOR STATE: MN ZIP: 55331 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: nVent Electric plc CENTRAL INDEX KEY: 0001720635 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY (NO METALWORKING MACHINERY) [3550] IRS NUMBER: 981391970 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: THE MILLE STREET 2: 1000 GREAT WEST ROAD, 8TH FLOOR (EAST) CITY: LONDON STATE: X0 ZIP: TW8 9DW BUSINESS PHONE: 763-204-7700 MAIL ADDRESS: STREET 1: C/O NVENT MANAGEMENT COMPANY STREET 2: 1665 UTICA AVE., SUITE 700 CITY: ST. LOUIS PARK STATE: MN ZIP: 55416 4 1 doc1.xml FORM 4 X0306 4 2018-05-07 0 0001720635 nVent Electric plc NVT 0001613910 Pettit Thomas F 1665 UTICA AVENUE SUITE 700 ST. LOUIS PARK MN 55416 0 1 0 0 See Remarks below Ordinary Shares - Restricted Stock Units 2018-05-07 4 A 0 2466 0 A 50049.68 D Ordinary Shares 1833.69 D Ordinary Shares - ESOP 135.3654 I By ESOP Ordinary Shares - Deferral Plan 550.757 I Plan Agent Ordinary Shares 2812 I By Trust Employee Stock Option (right to buy) 25.34 2018-05-07 4 A 0 12392 0 A 2028-05-07 Ordinary Shares 12392 12392 D Employee Stock Option (right to buy) 16.61 2026-03-01 Ordinary Shares 8117 8117 D Employee Stock Option (right to buy) 20.22 2027-03-01 Ordinary Shares 6509 6509 D Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting. Includes 47,583.68 restricted stock units ("RSUs") as a result of each outstanding Pentair plc RSU being converted into an RSU denominated in nVent Electric plc ordinary shares in a manner intended to preserve the aggregate intrinsic value of the original Pentair plc RSU in connection with the spin-off of nVent Electric plc from Pentair plc. Reflects ordinary shares received in a pro-rata distribution upon completion of the spin-off of nVent Electric plc from Pentair plc in an exempt transaction pursuant to Rule 16a-9. Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election. Employee stock option granted under the nVent Electric plc 2018 Omnibus Incentive Plan. One-third of the stock options become exercisable on each of January 2, 2019, 2020 and 2021. Each outstanding Pentair plc stock option was converted into an award of options to purchase nVent Electric plc ordinary shares In connection with the spin-off of nVent Electric plc from Pentair plc. The number of shares and exercise prices of each option award were adjusted in a manner intended to preserve the aggregate intrinsic value of the original Pentair plc stock option. Two-thirds of this option is presently exercisable. The remaining one-third becomes exercisable on March 1, 2019. One-third of this option is presently exercisable. The remaining two-thirds become exercisable on March 1, 2019 and March 1, 2020. Executive Vice President and Chief Integrated Supply Chain Officer /s/ John K. Wilson, Attorney-in-Fact for Thomas F. Pettit 2018-05-09