0001140361-12-042414.txt : 20121002
0001140361-12-042414.hdr.sgml : 20121002
20121002162135
ACCESSION NUMBER: 0001140361-12-042414
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120928
FILED AS OF DATE: 20121002
DATE AS OF CHANGE: 20121002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ho David H Y
CENTRAL INDEX KEY: 0001398493
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11625
FILM NUMBER: 121123766
MAIL ADDRESS:
STREET 1: 5500 WAYZATA BOULEVARD
STREET 2: SUITE 800
CITY: GOLDEN VALLEY
STATE: MN
ZIP: 55416
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PENTAIR INC
CENTRAL INDEX KEY: 0000077360
STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY (NO METALWORKING MACHINERY) [3550]
IRS NUMBER: 410907434
STATE OF INCORPORATION: MN
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5500 WAYZATA BLVD.
STREET 2: SUITE 800
CITY: GOLDEN VALLEY
STATE: MN
ZIP: 55416
BUSINESS PHONE: 763-545-1730
MAIL ADDRESS:
STREET 1: 5500 WAYZATA BLVD.
STREET 2: SUITE 800
CITY: GOLDEN VALLEY
STATE: MN
ZIP: 55416
FORMER COMPANY:
FORMER CONFORMED NAME: PENTAIR INDUSTRIES INC
DATE OF NAME CHANGE: 19790327
4
1
doc1.xml
FORM 4
X0306
4
2012-09-28
0
0000077360
PENTAIR INC
PNR
0001398493
Ho David H Y
5500 WAYZATA BLVD., SUITE 800
GOLDEN VALLEY
MN
55416
1
0
0
0
Common Shares
2012-09-28
4
A
0
2936
A
2936
D
Common Shares
2012-09-28
4
F
0
881
44.51
D
2055
D
Common Shares - Deferral Plan
2012-09-28
4
A
0
1338.284
A
1338.284
I
Plan Agent
Phantom Stock Units (Deferred Compensation)
2012-09-28
4
A
0
14350.546
A
Common Shares
14350.546
14350.546
I
Plan Agent
Nonqualified Stock Option (right to buy)
33.38
2012-09-28
4
A
0
10000
A
2017-05-03
Common Shares
10000
10000
D
Nonqualified Stock Option (right to buy)
34.18
2012-09-28
4
A
0
10000
A
2018-01-02
Common Shares
10000
10000
D
Nonqualified Stock Option (right to buy)
24.78
2012-09-28
4
A
0
17200
A
2019-01-02
Common Shares
17200
17200
D
Nonqualified Stock Option (right to buy)
33.38
2012-09-28
4
A
0
6140
A
2020-01-04
Common Shares
6140
6140
D
Nonqualified Stock Option (right to buy)
36.98
2012-09-28
4
A
0
4242
A
2021-01-03
Common Shares
4242
4242
D
Nonqualified Stock Option (right to buy)
34.12
2012-09-28
4
A
0
6332
A
2012-09-28
2022-01-03
Common Shares
6332
6332
D
Common stock and derivative securities of Pentair Ltd. ("the Issuer") were acquired pursuant to the Merger Agreement, dated as of March 27, 2012, as amended, among Pentair, Inc., Tyco International Ltd., the Issuer, Panthro Acquisition Co. and Panthro Merger Sub, Inc. Upon closing of the merger, Pentair, Inc. became a wholly owned subsidiary of the Issuer, and each share of Pentair, Inc. common stock was converted into one Issuer common share. Derivative securities relating to Pentair, Inc. common stock were converted into derivative securities relating to an equal number of Issuer common shares with the same terms and conditions (including vesting schedule and exercise price, if applicable).
Includes 2,936 shares issued in settlement of restricted stock units that vested in connection with the closing of the merger.
Shares surrendered to pay taxes applicable to vesting of restricted stock.
Pentair common shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
Phantom stock units convert into common shares on a one-for-one basis.
Settlement of phantom stock units will be in Pentair common shares in accordance with reporting person's irrevocable election.
All options are vested and exercisable.
Issuer Name and Ticker Symbol:
Pentair Ltd. [PNR]
/s/ John K. Wilson, Attorney-in-Fact for David H. Y. Ho
2012-10-02