0001140361-18-021795.txt : 20180504 0001140361-18-021795.hdr.sgml : 20180504 20180504180202 ACCESSION NUMBER: 0001140361-18-021795 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180502 FILED AS OF DATE: 20180504 DATE AS OF CHANGE: 20180504 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GLENN T MICHAEL CENTRAL INDEX KEY: 0001197608 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11625 FILM NUMBER: 18809229 MAIL ADDRESS: STREET 1: 942 S SHADY GROVE RD CITY: MEMPHIS STATE: TN ZIP: 38120 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PENTAIR plc CENTRAL INDEX KEY: 0000077360 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY (NO METALWORKING MACHINERY) [3550] IRS NUMBER: 981050812 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 43 LONDON WALL CITY: LONDON STATE: X0 ZIP: EC2M 5TF BUSINESS PHONE: 763-545-1730 MAIL ADDRESS: STREET 1: C/O PENTAIR MANAGEMENT COMPANY STREET 2: 5500 WAYZATA BLVD CITY: GOLDEN VALLEY STATE: MN ZIP: 55416 FORMER COMPANY: FORMER CONFORMED NAME: PENTAIR LTD DATE OF NAME CHANGE: 20121003 FORMER COMPANY: FORMER CONFORMED NAME: PENTAIR INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PENTAIR INDUSTRIES INC DATE OF NAME CHANGE: 19790327 4 1 doc1.xml FORM 4 X0306 4 2018-05-02 0 0000077360 PENTAIR plc PNR 0001197608 GLENN T MICHAEL 5500 WAYZATA BLVD., SUITE 600 GOLDEN VALLEY MN 55416 1 0 0 0 Common Shares - Restricted Stock Units 2018-05-02 4 A 0 2862 0 A 2862 D Director Stock Option (right to buy) 16.51 2019-01-02 Common Shares 17133 17133 D Director Stock Option (right to buy) 22.24 2020-01-04 Common Shares 6116 6116 D Director Stock Option (right to buy) 24.64 2021-01-03 Common Shares 4225 4225 D Director Stock Option (right to buy) 22.73 2022-01-03 Common Shares 6307 6307 D Director Stock Option (right to buy) 33.72 2023-01-02 Common Shares 3947 3947 D Director Stock Option (right to buy) 51.21 2024-01-02 Common Shares 2260 2260 D Director Stock Option (right to buy) 44.43 2025-01-02 Common Shares 4008 4008 D Director Stock Option (right to buy) 32.83 2026-01-04 Common Shares 6558 6558 D Director Stock Option (right to buy) 38.61 2027-01-03 Common Shares 5244 5244 D Phantom Stock Units (Deferred Compensation) Common Shares 1044.273 1044.273 D Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair plc 2012 Stock and Incentive Plan. Each restricted stock unit represents a right to receive one Pentair plc share upon vesting. The exercise price and number of stock options were adjusted in connection with the spin-off of nVent Electric plc on April 30, 2018 pursuant to the anti-dilution provisions of the Pentair plc 2012 Stock and Incentive Plan. This option is presently exercisable in full. Two-thirds of this option is presently exercisable. The remaining one-third becomes exercisable on January 4, 2019. One-third of this option is presently exercisable. The remaining two-thirds become exercisable on January 3, 2019 and January 3, 2020. Phantom stock units convert into common shares on a one-for-one basis. Settlement of phantom stock units will be in Pentair plc common shares in accordance with reporting person's irrevocable 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). /s/ John K. Wilson, Attorney-in-Fact for T. Michael Glenn 2018-05-04