MERRIMAN RONALD 4
4 · nVent Electric plc · Filed Nov 5, 2020
Insider Transaction Report
Form 4
MERRIMAN RONALD
Director
Transactions
- Sale
Ordinary Shares
2020-11-03$19.00/sh−4,225$80,275→ 29,381 total - Exercise/Conversion
Ordinary Shares
2020-11-03$12.49/sh+4,225$52,770→ 33,606 total - Exercise/Conversion
Nonqualified Stock Option (right to buy)
2020-11-03−4,225→ 0 totalExercise: $12.49Exp: 2021-01-03→ Ordinary Shares (4,225 underlying)
Holdings
- 135.297(indirect: Plan Agent)
Phantom Stock Units (Deferred Compensation)
→ Ordinary Shares (135.297 underlying) - 331.725(indirect: Plan Agent)
Ordinary Shares - Deferral Plan
Footnotes (6)
- [F1]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 3, 2021.
- [F2]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).
- [F3]Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
- [F4]This option is presently exercisable in full.
- [F5]Phantom stock units convert into ordinary shares on a one-for-one basis.
- [F6]Settlement of phantom stock units will be in nVent Electric plc ordinary shares in accordance with reporting person's irrevocable election.