X0306
4
2017-09-28
0
0000077360
PENTAIR plc
PNR
0001254762
MERRIMAN RONALD
5500 WAYZATA BLVD., SUITE 600
GOLDEN VALLEY
MN
55416
1
0
0
0
Common Shares
2017-09-28
4
M
0
5200
24.78
A
21538
D
Common Shares
2017-09-28
4
S
0
5200
67
D
16338
D
Common Shares - Deferral Plan
305.472
I
Plan Agent
Nonqualified Stock Option (right to buy)
24.78
2017-09-28
4
M
0
5200
0
D
2019-01-02
Common Shares
5200
0
D
Phantom Stock Units (Deferred Compensation)
Common Shares
124.591
124.591
I
Plan Agent
The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2019.
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).
The options are vested and exercisable.
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.
/s/ John K. Wilson, Attorney-in-Fact for Ronald Merriman
2017-10-02