Filing Details

Accession Number:
0001209191-18-031522
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-05-18 17:55:05
Reporting Period:
2018-05-16
Accepted Time:
2018-05-18 17:55:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1720635 Nvent Electric Plc NVT () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1345471 Trian Fund Management, L.p. 280 Park Avenue
41St Floor
New York NY 10017
Yes No No No
1728954 M Brian Baldwin 280 Park Avenue
41St Floor
New York NY 10017
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares Acquisiton 2018-05-16 253,334 $24.95 16,034,209 No 4 P Indirect Please see explanation below
Ordinary Shares Acquisiton 2018-05-17 212,519 $24.92 16,246,728 No 4 P Indirect Please see explanation below
Ordinary Shares Acquisiton 2018-05-18 358,050 $25.15 16,604,778 No 4 P Indirect Please see explanation below
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Please see explanation below
No 4 P Indirect Please see explanation below
No 4 P Indirect Please see explanation below
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Ordinary Shares - Restricted Stock Units 5,130 Direct
Footnotes
  1. The price shown in Column 4 is a weighted average purchase price. The price range for the purchases is $24.825 to $25.00. The Reporting Persons undertake to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
  2. Trian Fund Management, L.P ("Trian Management") serves as the management company for Trian Partners, L.P., Trian Partners Master Fund, L.P., Trian Partners Parallel Fund I, L.P., Trian Partners Strategic Investment Fund II, L.P., Trian Partners Strategic Investment Fund-A, L.P., Trian Partners Strategic Investment Fund-N, L.P., Trian Partners Strategic Investment Fund-D, L.P., Trian Partners Fund (Sub)-G, L.P., Trian Partners Strategic Fund-G II, L.P., Trian Partners Strategic Fund-G III, L.P., Trian Partners Strategic Fund-K, L.P. and Trian Partners Strategic Fund-C, Ltd. (collectively, the "Trian Entities") and as such determines the investment and voting decisions of the Trian Entities with respect to the shares of nVent Electric plc held by them.
  3. (FN 2, contd.) Mr. Baldwin is a limited partner of certain affiliates of the Trian Entities and Trian Management and therefore may be deemed to have an indirect interest in the shares which they hold. The Reporting Persons disclaim beneficial ownership of such shares except to the extent of their respective pecuniary interests therein and this report shall not be deemed an admission that the Reporting Persons are the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Mr. Baldwin is a director of nVent Electric plc.
  4. The price shown in Column 4 is a weighted average purchase price. The price range for the purchases is $24.705 to $24.99. The Reporting Persons undertake to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
  5. The price shown in Column 4 is a weighted average purchase price. The price range for the purchases is $24.99 to $25.37. The Reporting Persons undertake to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.