0001567619-21-005548.txt : 20210303
0001567619-21-005548.hdr.sgml : 20210303
20210303165258
ACCESSION NUMBER: 0001567619-21-005548
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210301
FILED AS OF DATE: 20210303
DATE AS OF CHANGE: 20210303
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Heath Lynnette R
CENTRAL INDEX KEY: 0001739413
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38265
FILM NUMBER: 21709955
MAIL ADDRESS:
STREET 1: 1665 UTICA AVENUE
CITY: ST. LOUIS PARK
STATE: MN
ZIP: 55416
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
2021-03-01
0
0001720635
nVent Electric plc
NVT
0001739413
Heath Lynnette R
1665 UTICA AVENUE
SUITE 700
ST. LOUIS PARK
MN
55416
0
1
0
0
EVP & Chief HR Officer
Ordinary Shares - Restricted Stock Units
2021-03-01
4
A
0
5445
0
A
36845
D
Ordinary Shares
5798.1393
D
Ordinary Shares - Deferral Plan
1614.636
I
Plan Agent
Employee Stock Option (right to buy)
27.55
2021-03-01
4
A
0
24453
0
A
2031-03-01
Ordinary Shares
24453
24453
D
Performance Share Units
2021-03-01
4
A
0
12417
0
A
Ordinary Shares
12417
12417
D
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, 2021. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
End-of-period holdings include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in exempt transactions pursuant to Rule 16b-3(c).
Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
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).
Employee stock option granted under the nVent 2018 Omnibus Incentive Plan.
One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2021.
Performance share units will 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.
Performance share units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. Each performance share unit represents a right to receive one nVent Electric plc share upon vesting.
/s/ John K. Wilson, Attorney-in-Fact for Lynnette R. Heath
2021-03-03