X0306 4 2014-01-02 0 0000077360 PENTAIR LTD PNR 0001189049 HOGAN RANDALL J 5500 WAYZATA BLVD., SUITE 800 GOLDEN VALLEY MN 55416 1 1 0 0 Chairman & Chief Exec. Officer Common Shares - Restricted Stock Units 2014-01-02 4 A 0 40723 0 A 377570 D Common Shares - Restricted Stock Units 2014-01-03 4 F 0 8636 76.63 D 343886 D Common Shares - Restricted Stock Units 2014-01-04 4 F 0 9080 76.63 D 315021 D Common Shares 46116 D Common Shares - Deferral Plan 55777.21 I Plan Agent Employee Stock Option (right to buy) 76.87 2014-01-02 4 A 0 136579 0 A 2015-01-02 2024-01-02 Common Shares 136579 136579 D Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair Ltd. 2012 Stock and Incentive Plan. Each restricted stock unit represents a right to receive one share of Pentair Ltd. common shares upon vesting. Shares surrendered to pay taxes applicable to vesting of restricted stock units. End-of-period holdings reflect the vesting of restricted stock units that were previously reported. Shares of Pentair Ltd. Common shares will be delivered to the reporting person in accordance with their irrevocable deferral election. Employee stock option granted under the Pentair Ltd. 2012 Stock and Incentive Plan. One-third of the stock options become exercisable on the first, second, and third anniversary of the grant. /s/ John K. Wilson, Attorney-in-Fact for Randall J. Hogan 2014-01-06