0001567619-21-005558.txt : 20210303 0001567619-21-005558.hdr.sgml : 20210303 20210303170725 ACCESSION NUMBER: 0001567619-21-005558 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210301 FILED AS OF DATE: 20210303 DATE AS OF CHANGE: 20210303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Padmanabhan Aravind CENTRAL INDEX KEY: 0001795828 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38265 FILM NUMBER: 21710251 MAIL ADDRESS: STREET 1: 1665 UTICA AVENUE STREET 2: SUITE 700 CITY: ST. LOUIS PARK STATE: MN ZIP: 55416 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: nVent Electric plc CENTRAL INDEX KEY: 0001720635 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY (NO METALWORKING MACHINERY) [3550] IRS NUMBER: 981391970 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: THE MILLE STREET 2: 1000 GREAT WEST ROAD, 8TH FLOOR (EAST) CITY: LONDON STATE: X0 ZIP: TW8 9DW BUSINESS PHONE: 763-204-7700 MAIL ADDRESS: STREET 1: C/O NVENT MANAGEMENT COMPANY STREET 2: 1665 UTICA AVE., SUITE 700 CITY: ST. LOUIS PARK STATE: MN ZIP: 55416 4 1 doc1.xml FORM 4 X0306 4 2021-03-01 0 0001720635 nVent Electric plc NVT 0001795828 Padmanabhan Aravind 1665 UTICA AVENUE SUITE 700 ST. LOUIS PARK MN 55416 0 1 0 0 EVP & Chief Technology Officer Ordinary Shares - Restricted Stock Units 2021-03-01 4 A 0 4991 0 A 37527 D Ordinary Shares - Deferral Plan 1344.691 I Plan Agent Employee Stock Option (right to buy) 27.55 2021-03-01 4 A 0 22415 0 A 2031-03-01 Ordinary Shares 22415 22415 D Performance Share Units 2021-03-01 4 A 0 10348 0 A Ordinary Shares 10348 10348 D Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. One-third of the restricted stock units vest on the first, second and third anniversary of March 5, 2021. Each restricted stock unit represents a right to receive one nVent Electric 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). Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election. Employee stock option granted under the nVent 2018 Omnibus Incentive Plan. One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2021. Performance share units will vest during the March 1, 2021-March 1, 2024 performance period one-third if the closing price for nVent shares exceeds $26.25 for 20 consecutive days and the reporting person is employed for 1 year from the grant date, one-third if the closing price for nVent shares exceeds $28.35 for 20 consecutive days and the reporting person is employed for 2 years from the grant date, and one-third if the closing price for nVent shares exceeds $30.62 for 20 consecutive days and the reporting person is employed for 3 years from the grant date. Performance share units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. Each performance share unit represents a right to receive one nVent Electric plc share upon vesting. /s/ John K. Wilson, Attorney-in-Fact for Aravind Padmanabhan 2021-03-03