0001140361-18-021825.txt : 20180504 0001140361-18-021825.hdr.sgml : 20180504 20180504182752 ACCESSION NUMBER: 0001140361-18-021825 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180502 FILED AS OF DATE: 20180504 DATE AS OF CHANGE: 20180504 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Frykman Karl R. CENTRAL INDEX KEY: 0001594766 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11625 FILM NUMBER: 18809314 MAIL ADDRESS: STREET 1: 5500 WAYZATA BLVD., SUITE 600 CITY: GOLDEN VALLEY STATE: MN ZIP: 55416 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 0001594766 Frykman Karl R. 5500 WAYZATA BLVD., SUITE 600 GOLDEN VALLEY MN 55416 0 1 0 0 EVP & Chief Operating Officer Common Shares - Restricted Stock Units 2018-05-02 4 A 0 8807 0 A 35326.07 D Common Shares - ESOP 1988.0152 I By ESOP Employee Stock Option (right to buy) 45.42 2018-05-02 4 A 0 36639 0 A 2028-05-02 Common Shares 36639 36639 D Employee Stock Option (right to buy) 12.75 2019-03-03 Common Shares 15362 15362 D Employee Stock Option (right to buy) 22.81 2020-03-02 Common Shares 19368 19368 D Employee Stock Option (right to buy) 24.34 2021-03-02 Common Shares 11727 11727 D Employee Stock Option (right to buy) 25.74 2022-03-01 Common Shares 11526 11526 D Employee Stock Option (right to buy) 33.72 2023-01-02 Common Shares 9110 9110 D Employee Stock Option (right to buy) 51.21 2024-01-02 Common Shares 7967 7967 D Employee Stock Option (right to buy) 44.43 2025-01-02 Common Shares 13856 13856 D Employee Stock Option (right to buy) 32.83 2026-01-04 Common Shares 32389 32389 D Employee Stock Option (right to buy) 38.61 2027-01-03 Common Shares 26223 26223 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. 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 Pentair plc 2012 Stock and Incentive Plan. One-third of the stock options become exercisable on the first, second and third anniversary of the grant. 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. /s/ John K. Wilson, Attorney-in-Fact for Karl R. Frykman 2018-05-04 EX-24 2 frykmankrpoa.htm


 
POWER OF ATTORNEY
 
Know all by these presents, that, for good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the undersigned hereby constitutes and appoints each of Karla C. Robertson, Angela Kidd, John K. Wilson and Carol A. Gunther, and any of their substitutes, signing singly, the undersigned’s true and lawful attorney-in-fact to:
 
(1)            execute for and on behalf of the undersigned (in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended, and the rules thereunder (the “Exchange Act”)), in the undersigned’s capacity as an officer and/or director of Pentair plc, a public limited company organized under the laws of Ireland (the “Company”), any and all Forms 3, 4 and/or 5, and any amendments thereto, that are necessary or advisable for the undersigned to file under Section 16(a) (collectively, “Documents”);
 
(2)            do and perform any and all acts for and on behalf of the undersigned that may be necessary or desirable to complete and execute any such Documents and timely file such Documents with the United States Securities and Exchange Commission and any stock exchange or similar authority; and
 
(3)            take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.
 
The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that each such attorney-in-fact (or such attorney-in-fact’s substitute or substitutes) shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.  The undersigned acknowledges that each attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is such attorney-in-fact’s substitute or substitutes or the Company assuming, any of the undersigned’s responsibilities to comply with the Exchange Act.  The undersigned agrees to defend and hold harmless each attorney-in-fact (and such attorney-in-fact’s substitute or substitutes) from and against any and all loss, damage or liability that such attorney-in-fact may sustain as a result of any action taken in good faith hereunder.
 
This Power of Attorney revokes any power of attorney previously executed by the undersigned with respect to the foregoing subject matter.  This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Documents with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to each of the foregoing attorneys-in-fact.
 
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 30th day of April, 2018.
 
/s/ Karl R. Frykman                                                                                              
Karl R. Frykman