0001567619-21-005568.txt : 20210303 0001567619-21-005568.hdr.sgml : 20210303 20210303171404 ACCESSION NUMBER: 0001567619-21-005568 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: Faulconer Michael B CENTRAL INDEX KEY: 0001739223 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38265 FILM NUMBER: 21710392 MAIL ADDRESS: STREET 1: 1665 UTICA AVENUE 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 0001739223 Faulconer Michael B 1665 UTICA AVENUE SUITE 700 ST. LOUIS PARK MN 55416 0 1 0 0 President - Thermal Management Ordinary Shares - Restricted Stock Units 2021-03-01 4 A 0 4764 0 A 10084 D Ordinary Shares 10657.4028 D Ordinary Shares - ESOP 136.89 I By ESOP Employee Stock Option (right to buy) 27.55 2021-03-01 4 A 0 21396 0 A 2031-03-01 Ordinary Shares 21396 21396 D Performance Share Units 2021-03-01 4 A 0 12417 0 A Ordinary Shares 12417 12417 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 monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in exempt transactions pursuant to Rule 16b-3(c). 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 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 Michael D. Faulconer 2021-03-03