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