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Filing Details

Accession Number:: 0001140361-17-000845
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-01-05 19:05:45
Reporting Period:: 2017-01-03

Filing Date:: 2017-01-05
Accepted Time:: 2017-01-05 19:05:45
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
77360	Pentair Plc	PNR	Special Industry Machinery (No Metalworking Machinery) (3550)	981050812

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1254762	Ronald Merriman	5500 Wayzata Blvd., Suite 600 Golden Valley MN 55416		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Shares - Restricted Stock Units	Acquisiton	2017-01-03	1,122	$0.00	1,122	No	4	A	Direct
Common Shares	Disposition	2017-01-04	548	$58.15	16,338	No	4	F	Direct
Common Shares	Acquisiton	2017-01-04	10,000	$32.73	26,338	No	4	M	Direct
Common Shares	Disposition	2017-01-04	10,000	$57.87	16,338	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	F	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Shares	Nonqualified Stock Option (right to buy)	Acquisiton	2017-01-03	5,265	$0.00	5,265	$57.95
Common Shares	Nonqualified Stock Option (right to buy)	Disposition	2017-01-04	10,000	$0.00	10,000	$32.73

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
5,265	2018-01-03	2027-01-03	No	4	A	Direct
0		2017-02-26	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Shares - Deferral Plan	301	Indirect	Plan Agent

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Shares	Phantom Stock Units (Deferred Compensation)	$0.00			123	123	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	123	123	Indirect

Footnotes

Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair plc 2012 Stock and Incentive Plan. Each restricted stock unit represents a right to receive one share of Pentair plc common shares upon vesting.
End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
Shares surrendered to pay taxes applicable to vesting of restricted stock units.
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 February 26, 2017.
The price in Column 4 is a weighted average price. The prices actually received ranged from $57.75 to $58.00. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
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).
Phantom Stock Units previously held in the reporting person's account under the Equity Compensation Plan were transferred to the reporting person's account under the Deferred Compensation Plan, due to the plan administrator's account recordkeeping, in an exempt transaction not required to be reported pursuant to Section 16(a).
Nonqualified stock option granted under the Pentair plc 2012 Stock and Incentive Plan.
One third of the stock options become exercisable on the first, second and third anniversary of the grant.
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.