4//SEC Filing
Baldwin Brian M 4
Accession 0001209191-19-029029
CIK 0001720635other
Filed
May 9, 8:00 PM ET
Accepted
May 10, 5:16 PM ET
Size
11.9 KB
Accession
0001209191-19-029029
Insider Transaction Report
Form 4
Baldwin Brian M
Director
Transactions
- Sale
Ordinary Shares
2019-05-09$26.02/sh−364,801$9,493,581→ 16,542,082 total(indirect: Please see explanation below) - Sale
Ordinary Shares
2019-05-08$26.52/sh−2,100$55,693→ 16,906,883 total(indirect: Please see explanation below)
Holdings
- 4,104
Ordinary Shares
- 5,775
Ordinary Shares - Restricted Stock Units
Trian Fund Management, L.P.
Director
Transactions
- Sale
Ordinary Shares
2019-05-09$26.02/sh−364,801$9,493,581→ 16,542,082 total(indirect: Please see explanation below) - Sale
Ordinary Shares
2019-05-08$26.52/sh−2,100$55,693→ 16,906,883 total(indirect: Please see explanation below)
Holdings
- 4,104
Ordinary Shares
- 5,775
Ordinary Shares - Restricted Stock Units
Footnotes (5)
- [F1]The sales reported in this Form 4 were done for portfolio management purposes.
- [F2]The price shown in Column 4 is a weighted average sale price. The price range for the sales is $26.50 to $26.5275. 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.
- [F3]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 the Issuer held by them.
- [F4](FN 3, 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 the Issuer.
- [F5]The price shown in Column 4 is a weighted average sale price. The price range for the sales is $26.00 to $26.50. 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 sold at each separate price.
Documents
Issuer
nVent Electric plc
CIK 0001720635
Entity typeother
Related Parties
1- filerCIK 0001728954
Filing Metadata
- Form type
- 4
- Filed
- May 9, 8:00 PM ET
- Accepted
- May 10, 5:16 PM ET
- Size
- 11.9 KB