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PENTAIR plc

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3537
SEC CIK
0000077360
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470

Last 12 months

Inside the activity.

0 purchase rows · 11 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
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MonthPurchasesSales
Nov 202508
Dec 202501
Jan 202600
Feb 202602
Mar 202600
Apr 202600
May 202600
Jun 202600
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Sep 202600
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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
November 01, 2017 Filed Nov 3, 2017 20:15 UTC
Frykman Karl R.President Aquatic Systems
Exercise / conversionEmployee Stock Option (right to buy) · Derivative 8,300 $0.00 Strike: $32.40 $0.00
Disclosure

SEC source: 0001140361-17-040966 · doc1.xml · derivative · entry 7

Frykman Karl R. · CIK 0001594766 · President Aquatic Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,385

Underlying: Common Shares · 8,300 shares

Expires 2018-03-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.

Read SEC document
November 01, 2017 Filed Nov 3, 2017 20:15 UTC
Frykman Karl R.President Aquatic Systems
Exercise / conversionEmployee Stock Option (right to buy) · Derivative 3,086 $0.00 Strike: $32.40 $0.00
Disclosure

SEC source: 0001140361-17-040966 · doc1.xml · derivative · entry 6

Frykman Karl R. · CIK 0001594766 · President Aquatic Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,685

Underlying: Common Shares · 3,086 shares

Expires 2018-03-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.

Read SEC document
November 01, 2017 Filed Nov 3, 2017 20:15 UTC
Frykman Karl R.President Aquatic Systems
SaleCommon Shares 8,300 $70.19 $582,608.54
Disclosure

SEC source: 0001140361-17-040966 · doc1.xml · nonDerivative · entry 4

Frykman Karl R. · CIK 0001594766 · President Aquatic Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,390

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on March 3, 2018.

F3 · price: The price in Column 4 is a weighted average price. The prices actually received ranged from $70.01 to $70.39. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

Read SEC document
November 01, 2017 Filed Nov 3, 2017 20:15 UTC
Frykman Karl R.President Aquatic Systems
Exercise / conversionCommon Shares 8,300 $32.40 $268,920.00
Disclosure

SEC source: 0001140361-17-040966 · doc1.xml · nonDerivative · entry 3

Frykman Karl R. · CIK 0001594766 · President Aquatic Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,690

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
November 01, 2017 Filed Nov 3, 2017 20:15 UTC
Frykman Karl R.President Aquatic Systems
SaleCommon Shares 3,086 $70.37 $217,156.57
Disclosure

SEC source: 0001140361-17-040966 · doc1.xml · nonDerivative · entry 2

Frykman Karl R. · CIK 0001594766 · President Aquatic Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,390

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on March 3, 2018.

F2 · price: The price in Column 4 is a weighted average price. The prices actually received ranged from $70.24 to $70.63. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

Read SEC document
November 01, 2017 Filed Nov 3, 2017 20:15 UTC
Frykman Karl R.President Aquatic Systems
Exercise / conversionCommon Shares 3,086 $32.40 $99,986.40
Disclosure

SEC source: 0001140361-17-040966 · doc1.xml · nonDerivative · entry 1

Frykman Karl R. · CIK 0001594766 · President Aquatic Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,476

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
September 28, 2017 Filed Oct 2, 2017 20:20 UTC Exercise / conversionNonqualified Stock Option (right to buy) · Derivative 5,200 $0.00 Strike: $24.78 $0.00
Disclosure

SEC source: 0001140361-17-037113 · doc1.xml · derivative · entry 4

MERRIMAN RONALD · CIK 0001254762 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 5,200 shares

Expires 2019-01-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2019.

F3 · derivative.exercise_date: The options are vested and exercisable.

Read SEC document
September 28, 2017 Filed Oct 2, 2017 20:20 UTC SaleCommon Shares 5,200 $67.00 $348,400.00
Disclosure

SEC source: 0001140361-17-037113 · doc1.xml · nonDerivative · entry 2

MERRIMAN RONALD · CIK 0001254762 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,338

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2019.

Read SEC document
September 28, 2017 Filed Oct 2, 2017 20:20 UTC Exercise / conversionCommon Shares 5,200 $24.78 $128,856.00
Disclosure

SEC source: 0001140361-17-037113 · doc1.xml · nonDerivative · entry 1

MERRIMAN RONALD · CIK 0001254762 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,538

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2019.

Read SEC document
June 15, 2017 Filed Jun 19, 2017 20:54 UTC
Keegans Karen L.SVP & Chief HR Officer
Tax withholdingCommon Shares 301 $66.35 $19,971.35
Disclosure

SEC source: 0001140361-17-025495 · doc1.xml · nonDerivative · entry 1

Keegans Karen L. · CIK 0001606486 · SVP & Chief HR Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 535

F1 · kind: Shares surrendered to pay taxes applicable to vesting of restricted stock units.

F2 · balance_after: End-of-period holdings reflect the vesting of restricted stock units that were previously reported.

Read SEC document
May 31, 2017 Filed Jun 2, 2017 20:46 UTC
JACKO JOHN HSVP & Chief Marketing Officer
GrantCommon Shares - Restricted Stock Units 7,551 $0.00 $0.00
Disclosure

SEC source: 0001140361-17-023606 · doc1.xml · nonDerivative · entry 1

JACKO JOHN H · CIK 0001208753 · SVP & Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,704

F1 · kind: Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair plc 2012 Stock and Incentive Plan. Each restricted stock unit represents a right to receive one Pentair plc common share upon vesting.

Read SEC document
May 26, 2017 Filed May 31, 2017 21:33 UTC
HOGAN RANDALL JDirector · Chairman & Chief Exec. Officer
Exercise / conversionEmployee Stock Option (right to buy) · Derivative 220,000 $0.00 Strike: $34.18 $0.00
Disclosure

SEC source: 0001140361-17-023130 · doc1.xml · derivative · entry 7

HOGAN RANDALL J · CIK 0001189049 · Director · Chairman & Chief Exec. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 220,000 shares

Expires 2018-01-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_date: One-third of the stock options became exercisable on the first, second and third anniversary of the grant.

Read SEC document
May 26, 2017 Filed May 31, 2017 21:33 UTC
HOGAN RANDALL JDirector · Chairman & Chief Exec. Officer
SaleCommon Shares 220,000 $66.03 $14,525,896.00
Disclosure

SEC source: 0001140361-17-023130 · doc1.xml · nonDerivative · entry 2

HOGAN RANDALL J · CIK 0001189049 · Director · Chairman & Chief Exec. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,012

F2 · price: The price in Column 4 is a weighted average price. The prices actually received ranged from $66.00 to $66.45. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

Read SEC document
May 26, 2017 Filed May 31, 2017 21:33 UTC
HOGAN RANDALL JDirector · Chairman & Chief Exec. Officer
Exercise / conversionCommon Shares 220,000 $34.18 $7,519,600.00
Disclosure

SEC source: 0001140361-17-023130 · doc1.xml · nonDerivative · entry 1

HOGAN RANDALL J · CIK 0001189049 · Director · Chairman & Chief Exec. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 222,012

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Since the date of the reporting person's last ownership form, 85,774 shares previously reported as directly beneficially owned by the reporting person have been transferred and are now indirectly beneficially owned by Trust.

Read SEC document
May 22, 2017 Filed May 24, 2017 21:51 UTC Exercise / conversionNonqualified Stock Option (right to buy) · Derivative 10,000 $0.00 Strike: $34.18 $0.00
Disclosure

SEC source: 0001140361-17-022198 · doc1.xml · derivative · entry 3

JONES DAVID A /WI · CIK 0000905631 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 10,000 shares

Expires 2018-01-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: Options are vested and exercisable.

Read SEC document
May 22, 2017 Filed May 24, 2017 21:51 UTC SaleCommon Shares 10,000 $67.68 $676,752.00
Disclosure

SEC source: 0001140361-17-022198 · doc1.xml · nonDerivative · entry 2

JONES DAVID A /WI · CIK 0000905631 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,804

F1 · price: The price in Column 4 is a weighted average price. The prices actually received ranged from $65.65 to $67.74. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

Read SEC document
May 22, 2017 Filed May 24, 2017 21:51 UTC Exercise / conversionCommon Shares 10,000 $34.18 $341,800.00
Disclosure

SEC source: 0001140361-17-022198 · doc1.xml · nonDerivative · entry 1

JONES DAVID A /WI · CIK 0000905631 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,804

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
May 19, 2017 Filed May 23, 2017 21:34 UTC
BORIN MARK CChief Acctg Office-Controller
SaleCommon Shares 7,500 $67.11 $503,325.00
Disclosure

SEC source: 0001140361-17-021993 · doc1.xml · nonDerivative · entry 1

BORIN MARK C · CIK 0001430408 · Chief Acctg Office-Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,857

Read SEC document
May 17, 2017 Filed May 17, 2017 21:53 UTC
TRIAN FUND MANAGEMENT, L.P.Please see remarks below
PurchaseCommon (Ordinary) Shares 231,864 $65.31 $15,143,037.84
Disclosure

SEC source: 0001209191-17-033317 · doc4.xml · nonDerivative · entry 5

GARDEN EDWARD P · CIK 0001257864 · Director

TRIAN FUND MANAGEMENT, L.P. · CIK 0001345471 · Please see remarks below

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Please see explanation below

Disclosed balance after: 15,198,888

F7 · price: The price shown in Column 4 is a weighted average purchase price. The price range for the purchases is $65.00 - $65.57. 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.

F2 · ownership.nature: 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 Master Fund (ERISA), 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").

F3 · ownership.nature: (FN 2, contd.) and as such determines the investment and voting decisions of the Trian Entities with respect to the shares of the Issuer held by them. Mr. Garden is a member of Trian Fund Management GP, LLC, which is the general partner of Trian Management, and therefore is in a position to determine the investment and voting decisions made by Trian Management on behalf of the Trian Entities. Accordingly, Mr. Garden and Trian Management may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the shares beneficially owned by the Trian Entities. 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.

Read SEC document
May 17, 2017 Filed May 17, 2017 21:53 UTC
TRIAN FUND MANAGEMENT, L.P.Please see remarks below
PurchaseCommon (Ordinary) Shares 102,036 $64.72 $6,603,769.92
Disclosure

SEC source: 0001209191-17-033317 · doc4.xml · nonDerivative · entry 4

GARDEN EDWARD P · CIK 0001257864 · Director

TRIAN FUND MANAGEMENT, L.P. · CIK 0001345471 · Please see remarks below

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Please see explanation below

Disclosed balance after: 14,967,024

F6 · price: The price shown in Column 4 is a weighted average purchase price. The price range for the purchases is $64.48 - $64.99. 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.

F2 · ownership.nature: 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 Master Fund (ERISA), 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").

F3 · ownership.nature: (FN 2, contd.) and as such determines the investment and voting decisions of the Trian Entities with respect to the shares of the Issuer held by them. Mr. Garden is a member of Trian Fund Management GP, LLC, which is the general partner of Trian Management, and therefore is in a position to determine the investment and voting decisions made by Trian Management on behalf of the Trian Entities. Accordingly, Mr. Garden and Trian Management may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the shares beneficially owned by the Trian Entities. 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.

Read SEC document
May 17, 2017 Filed May 17, 2017 21:53 UTC
TRIAN FUND MANAGEMENT, L.P.Please see remarks below
PurchaseCommon (Ordinary) Shares 64,100 $65.11 $4,173,467.67
Disclosure

SEC source: 0001209191-17-033317 · doc4.xml · nonDerivative · entry 3

GARDEN EDWARD P · CIK 0001257864 · Director

TRIAN FUND MANAGEMENT, L.P. · CIK 0001345471 · Please see remarks below

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Please see explanation below

Disclosed balance after: 14,864,988

F5 · price: The price shown in Column 4 is a weighted average purchase price. The price range for the purchases is $64.51 to $65.42. 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.

F2 · ownership.nature: 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 Master Fund (ERISA), 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").

F3 · ownership.nature: (FN 2, contd.) and as such determines the investment and voting decisions of the Trian Entities with respect to the shares of the Issuer held by them. Mr. Garden is a member of Trian Fund Management GP, LLC, which is the general partner of Trian Management, and therefore is in a position to determine the investment and voting decisions made by Trian Management on behalf of the Trian Entities. Accordingly, Mr. Garden and Trian Management may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the shares beneficially owned by the Trian Entities. 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.

Read SEC document
May 16, 2017 Filed May 17, 2017 21:53 UTC
TRIAN FUND MANAGEMENT, L.P.Please see remarks below
Tax withholdingCommon (Ordinary) Shares 231 $65.50 $15,130.50
Disclosure

SEC source: 0001209191-17-033317 · doc4.xml · nonDerivative · entry 7

GARDEN EDWARD P · CIK 0001257864 · Director

TRIAN FUND MANAGEMENT, L.P. · CIK 0001345471 · Please see remarks below

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 921

F8 · balance_after: End-of-period holdings reflect the vesting of certain restricted stock units that were previously reported.

Read SEC document
May 16, 2017 Filed May 17, 2017 21:53 UTC
TRIAN FUND MANAGEMENT, L.P.Please see remarks below
PurchaseCommon (Ordinary) Shares 175,000 $65.41 $11,446,837.50
Disclosure

SEC source: 0001209191-17-033317 · doc4.xml · nonDerivative · entry 2

GARDEN EDWARD P · CIK 0001257864 · Director

TRIAN FUND MANAGEMENT, L.P. · CIK 0001345471 · Please see remarks below

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Please see explanation below

Disclosed balance after: 14,800,888

F4 · price: The price shown in Column 4 is a weighted average purchase price. The price range for the purchases is $65.085 to $65.425. 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.

F2 · ownership.nature: 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 Master Fund (ERISA), 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").

F3 · ownership.nature: (FN 2, contd.) and as such determines the investment and voting decisions of the Trian Entities with respect to the shares of the Issuer held by them. Mr. Garden is a member of Trian Fund Management GP, LLC, which is the general partner of Trian Management, and therefore is in a position to determine the investment and voting decisions made by Trian Management on behalf of the Trian Entities. Accordingly, Mr. Garden and Trian Management may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the shares beneficially owned by the Trian Entities. 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.

Read SEC document
May 16, 2017 Filed May 18, 2017 20:37 UTC
JILEK ANGELA D.Sr. VP, Gen. Counsel & Secy.
Exercise / conversionEmployee Stock Option (right to buy) · Derivative 2,067 $0.00 Strike: $34.23 $0.00
Disclosure

SEC source: 0001140361-17-021374 · doc1.xml · derivative · entry 9

JILEK ANGELA D. · CIK 0001484241 · Sr. VP, Gen. Counsel & Secy.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,696

Underlying: Common Shares · 2,067 shares

Expires 2020-03-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.

Read SEC document
May 16, 2017 Filed May 18, 2017 20:37 UTC
JILEK ANGELA D.Sr. VP, Gen. Counsel & Secy.
Exercise / conversionEmployee Stock Option (right to buy) · Derivative 2,638 $0.00 Strike: $19.13 $0.00
Disclosure

SEC source: 0001140361-17-021374 · doc1.xml · derivative · entry 8

JILEK ANGELA D. · CIK 0001484241 · Sr. VP, Gen. Counsel & Secy.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,177

Underlying: Common Shares · 2,638 shares

Expires 2019-03-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.

Read SEC document
May 16, 2017 Filed May 18, 2017 20:37 UTC
JILEK ANGELA D.Sr. VP, Gen. Counsel & Secy.
Exercise / conversionEmployee Stock Option (right to buy) · Derivative 1,432 $0.00 Strike: $32.40 $0.00
Disclosure

SEC source: 0001140361-17-021374 · doc1.xml · derivative · entry 7

JILEK ANGELA D. · CIK 0001484241 · Sr. VP, Gen. Counsel & Secy.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 1,432 shares

Expires 2018-03-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.

Read SEC document
May 16, 2017 Filed May 18, 2017 20:37 UTC
JILEK ANGELA D.Sr. VP, Gen. Counsel & Secy.
Tax withholdingCommon Shares 2,558 $65.50 $167,549.00
Disclosure

SEC source: 0001140361-17-021374 · doc1.xml · nonDerivative · entry 4

JILEK ANGELA D. · CIK 0001484241 · Sr. VP, Gen. Counsel & Secy.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,474

Read SEC document
May 16, 2017 Filed May 18, 2017 20:37 UTC
JILEK ANGELA D.Sr. VP, Gen. Counsel & Secy.
Exercise / conversionCommon Shares 2,067 $34.23 $70,753.41
Disclosure

SEC source: 0001140361-17-021374 · doc1.xml · nonDerivative · entry 3

JILEK ANGELA D. · CIK 0001484241 · Sr. VP, Gen. Counsel & Secy.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,032

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
May 16, 2017 Filed May 18, 2017 20:37 UTC
JILEK ANGELA D.Sr. VP, Gen. Counsel & Secy.
Exercise / conversionCommon Shares 2,638 $19.13 $50,464.94
Disclosure

SEC source: 0001140361-17-021374 · doc1.xml · nonDerivative · entry 2

JILEK ANGELA D. · CIK 0001484241 · Sr. VP, Gen. Counsel & Secy.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,965

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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May 16, 2017 Filed May 18, 2017 20:37 UTC
JILEK ANGELA D.Sr. VP, Gen. Counsel & Secy.
Exercise / conversionCommon Shares 1,432 $32.40 $46,396.80
Disclosure

SEC source: 0001140361-17-021374 · doc1.xml · nonDerivative · entry 1

JILEK ANGELA D. · CIK 0001484241 · Sr. VP, Gen. Counsel & Secy.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,327

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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May 15, 2017 Filed May 17, 2017 21:53 UTC
TRIAN FUND MANAGEMENT, L.P.Please see remarks below
PurchaseCommon (Ordinary) Shares 290,000 $65.31 $18,941,263.00
Disclosure

SEC source: 0001209191-17-033317 · doc4.xml · nonDerivative · entry 1

GARDEN EDWARD P · CIK 0001257864 · Director

TRIAN FUND MANAGEMENT, L.P. · CIK 0001345471 · Please see remarks below

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Please see explanation below

Disclosed balance after: 14,625,888

F1 · price: The price shown in Column 4 is a weighted average purchase price. The price range for the purchases is $65.18 to $65.55. 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.

F2 · ownership.nature: 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 Master Fund (ERISA), 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").

F3 · ownership.nature: (FN 2, contd.) and as such determines the investment and voting decisions of the Trian Entities with respect to the shares of the Issuer held by them. Mr. Garden is a member of Trian Fund Management GP, LLC, which is the general partner of Trian Management, and therefore is in a position to determine the investment and voting decisions made by Trian Management on behalf of the Trian Entities. Accordingly, Mr. Garden and Trian Management may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the shares beneficially owned by the Trian Entities. 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.

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April 26, 2017 Filed Apr 28, 2017 21:01 UTC
JILEK ANGELA D.Sr. VP, Gen. Counsel & Secy.
Exercise / conversionEmployee Stock Option (right to buy) · Derivative 1,367 $0.00 Strike: $32.40 $0.00
Disclosure

SEC source: 0001140361-17-017407 · doc1.xml · derivative · entry 5

JILEK ANGELA D. · CIK 0001484241 · Sr. VP, Gen. Counsel & Secy.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,432

Underlying: Common Shares · 1,367 shares

Expires 2018-03-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on March 3, 2018.

F4 · derivative.exercise_date: One-third of the stock options become exercisable on the first, second, and third anniversary of the grant.

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April 26, 2017 Filed Apr 28, 2017 21:01 UTC
JILEK ANGELA D.Sr. VP, Gen. Counsel & Secy.
SaleCommon Shares 1,367 $65.00 $88,855.00
Disclosure

SEC source: 0001140361-17-017407 · doc1.xml · nonDerivative · entry 2

JILEK ANGELA D. · CIK 0001484241 · Sr. VP, Gen. Counsel & Secy.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,895

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on March 3, 2018.

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April 26, 2017 Filed Apr 28, 2017 21:01 UTC
JILEK ANGELA D.Sr. VP, Gen. Counsel & Secy.
Exercise / conversionCommon Shares 1,367 $32.40 $44,290.80
Disclosure

SEC source: 0001140361-17-017407 · doc1.xml · nonDerivative · entry 1

JILEK ANGELA D. · CIK 0001484241 · Sr. VP, Gen. Counsel & Secy.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,262

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on March 3, 2018.

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April 26, 2017 Filed Apr 28, 2017 20:56 UTC
BRYAN GLYNISDirector
Exercise / conversionNonqualified Stock Option (right to buy) · Derivative 10,000 $0.00 Strike: $34.18 $0.00
Disclosure

SEC source: 0001140361-17-017394 · doc1.xml · derivative · entry 3

BRYAN GLYNIS · CIK 0001270817 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 10,000 shares

Expires 2018-01-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2018.

F2 · derivative.exercise_date: These options are vested and exercisable.

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April 26, 2017 Filed Apr 28, 2017 20:56 UTC
BRYAN GLYNISDirector
SaleCommon Shares 10,000 $65.06 $650,600.00
Disclosure

SEC source: 0001140361-17-017394 · doc1.xml · nonDerivative · entry 2

BRYAN GLYNIS · CIK 0001270817 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,309

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2018.

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April 26, 2017 Filed Apr 28, 2017 20:56 UTC
BRYAN GLYNISDirector
Exercise / conversionCommon Shares 10,000 $34.18 $341,800.00
Disclosure

SEC source: 0001140361-17-017394 · doc1.xml · nonDerivative · entry 1

BRYAN GLYNIS · CIK 0001270817 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,309

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2018.

Read SEC document
April 26, 2017 Filed Apr 28, 2017 21:00 UTC
HOGAN RANDALL JDirector · Chairman & Chief Exec. Officer
Exercise / conversionEmployee Stock Option (right to buy) · Derivative 110,325 $0.00 Strike: $34.18 $0.00
Disclosure

SEC source: 0001140361-17-017403 · doc1.xml · derivative · entry 3

HOGAN RANDALL J · CIK 0001189049 · Director · Chairman & Chief Exec. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 220,000

Underlying: Common Shares · 110,325 shares

Expires 2018-01-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2018.

F2 · derivative.exercise_date: One-third of the stock options became exercisable on the first, second and third anniversary of the grant.

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April 26, 2017 Filed Apr 28, 2017 21:00 UTC
HOGAN RANDALL JDirector · Chairman & Chief Exec. Officer
SaleCommon Shares 110,325 $65.00 $7,171,125.00
Disclosure

SEC source: 0001140361-17-017403 · doc1.xml · nonDerivative · entry 2

HOGAN RANDALL J · CIK 0001189049 · Director · Chairman & Chief Exec. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 87,786

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2018.

Read SEC document
April 26, 2017 Filed Apr 28, 2017 21:00 UTC
HOGAN RANDALL JDirector · Chairman & Chief Exec. Officer
Exercise / conversionCommon Shares 110,325 $34.18 $3,770,908.50
Disclosure

SEC source: 0001140361-17-017403 · doc1.xml · nonDerivative · entry 1

HOGAN RANDALL J · CIK 0001189049 · Director · Chairman & Chief Exec. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 198,111

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2018.

Read SEC document
April 26, 2017 Filed Apr 28, 2017 20:58 UTC Exercise / conversionNonqualified Stock Option (right to buy) · Derivative 10,000 $0.00 Strike: $34.18 $0.00
Disclosure

SEC source: 0001140361-17-017399 · doc1.xml · derivative · entry 3

GLENN T MICHAEL · CIK 0001197608 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 10,000 shares

Expires 2018-01-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2018.

F2 · derivative.exercise_date: These options are vested and exercisable.

Read SEC document
April 26, 2017 Filed Apr 28, 2017 20:58 UTC SaleCommon Shares 7,161 $65.00 $465,465.00
Disclosure

SEC source: 0001140361-17-017399 · doc1.xml · nonDerivative · entry 2

GLENN T MICHAEL · CIK 0001197608 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,196

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2018.

Read SEC document
April 26, 2017 Filed Apr 28, 2017 20:58 UTC Exercise / conversionCommon Shares 10,000 $34.18 $341,800.00
Disclosure

SEC source: 0001140361-17-017399 · doc1.xml · nonDerivative · entry 1

GLENN T MICHAEL · CIK 0001197608 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,357

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2018.

Read SEC document
April 26, 2017 Filed Apr 28, 2017 20:57 UTC Exercise / conversionNonqualified Stock Option (right to buy) · Derivative 10,000 $0.00 Strike: $34.18 $0.00
Disclosure

SEC source: 0001140361-17-017396 · doc1.xml · derivative · entry 6

BURRIS JERRY W · CIK 0001368731 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 10,000 shares

Expires 2018-01-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2018.

F3 · derivative.exercise_date: These options are vested and exercisable.

Read SEC document
April 26, 2017 Filed Apr 28, 2017 20:57 UTC Exercise / conversionNonqualified Stock Option (right to buy) · Derivative 10,000 $0.00 Strike: $34.58 $0.00
Disclosure

SEC source: 0001140361-17-017396 · doc1.xml · derivative · entry 5

BURRIS JERRY W · CIK 0001368731 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 10,000 shares

Expires 2017-10-23

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on October 23, 2017.

F3 · derivative.exercise_date: These options are vested and exercisable.

Read SEC document
April 26, 2017 Filed Apr 28, 2017 20:57 UTC SaleCommon Shares 5,263 $65.00 $342,095.00
Disclosure

SEC source: 0001140361-17-017396 · doc1.xml · nonDerivative · entry 4

BURRIS JERRY W · CIK 0001368731 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,770

F2 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2018.

Read SEC document
April 26, 2017 Filed Apr 28, 2017 20:57 UTC Exercise / conversionCommon Shares 10,000 $34.18 $341,800.00
Disclosure

SEC source: 0001140361-17-017396 · doc1.xml · nonDerivative · entry 3

BURRIS JERRY W · CIK 0001368731 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,033

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on January 2, 2018.

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April 26, 2017 Filed Apr 28, 2017 20:57 UTC SaleCommon Shares 5,325 $65.00 $346,125.00
Disclosure

SEC source: 0001140361-17-017396 · doc1.xml · nonDerivative · entry 2

BURRIS JERRY W · CIK 0001368731 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,033

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on October 23, 2017.

Read SEC document
April 26, 2017 Filed Apr 28, 2017 20:57 UTC Exercise / conversionCommon Shares 10,000 $34.58 $345,800.00
Disclosure

SEC source: 0001140361-17-017396 · doc1.xml · nonDerivative · entry 1

BURRIS JERRY W · CIK 0001368731 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,358

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes in connection with stock options that will expire on October 23, 2017.

Read SEC document
April 17, 2017 Filed Apr 18, 2017 21:26 UTC
Cassidy Dennis J. Jr.President-Valves & Controls
Tax withholdingCommon Shares 552 $63.31 $34,947.12
Disclosure

SEC source: 0001140361-17-016100 · doc1.xml · nonDerivative · entry 1

Cassidy Dennis J. Jr. · CIK 0001672059 · President-Valves & Controls

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,464

F1 · kind: Shares surrendered to pay taxes applicable to vesting of restricted stock units.

F2 · balance_after: End-of-period holdings reflect the vesting of restricted stock units that were previously reported.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.