MERRIMAN RONALD 4

4 · nVent Electric plc · Filed Jan 6, 2020

Form 4

Period: 2020-01-02

Director

Transactions

Tax Payment
Ordinary Shares
2020-01-02$25.92/sh−2,599$67,366→ 23,265 total
Exercise/Conversion
Ordinary Shares
2020-01-02$11.28/sh+6,116$68,988→ 29,381 total
Exercise/Conversion
Nonqualified Stock Option (right to buy)
2020-01-02−6,116→ 0 total
Exercise: $11.28Exp: 2020-01-04→ Ordinary Shares (6,116 underlying)
Award
Ordinary Shares - Restricted Stock Units
2020-01-02+5,015→ 5,015 total

Holdings

Ordinary Shares - Deferral Plan
(indirect: Plan Agent)
323.482
Phantom Stock Units (Deferred Compensation)
(indirect: Plan Agent)
→ Ordinary Shares (131.935 underlying)
131.935

Footnotes (9)

[F1]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.
[F2]End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
[F3]Shares surrendered to pay taxes applicable to vesting of restricted stock units.
[F4]The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in connection with stock options that will expire on January 4, 2020.
[F5]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).
[F6]Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
[F7]This option is presently exercisable in full.
[F8]Phantom stock units convert into ordinary shares on a one-for-one basis.
[F9]Settlement of phantom stock units will be in nVent Electric plc ordinary shares in accordance with reporting person's irrevocable election.

Documents

1 file