4//SEC Filing
Baldwin Brian M 4
Accession 0001209191-20-002089
CIK 0001720635other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 6:09 PM ET
Size
10.7 KB
Accession
0001209191-20-002089
Insider Transaction Report
Form 4
Baldwin Brian M
Director
Transactions
- Tax Payment
Ordinary Shares
2020-01-02$25.92/sh−1,155$29,938→ 8,724 total - Award
Ordinary Shares - Restricted Stock Units
2020-01-02$25.92/sh+5,015$129,989→ 5,015 total
Holdings
- 13,542,082(indirect: Please see explanation below)
Ordinary Shares
Trian Fund Management, L.P.
Director
Transactions
- Tax Payment
Ordinary Shares
2020-01-02$25.92/sh−1,155$29,938→ 8,724 total - Award
Ordinary Shares - Restricted Stock Units
2020-01-02$25.92/sh+5,015$129,989→ 5,015 total
Holdings
- 13,542,082(indirect: Please see explanation below)
Ordinary Shares
Footnotes (5)
- [F1]Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- [F2]End-of-period holdings reflect the vesting of certain restricted stock units that were previously reported.
- [F3]Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
- [F4]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.
- [F5](FN 4, 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.
Documents
Issuer
nVent Electric plc
CIK 0001720635
Entity typeother
Related Parties
1- filerCIK 0001728954
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 6:09 PM ET
- Size
- 10.7 KB