Form 4 for NVT nVent Electric plc
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0000897069-24-000587 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-05 | 2024-03-01 | NVT | Padmanabhan Aravind | EVP, CTO | A - Grant | $0.00 | +4,001 | 14.0K | +40% | $0 |
| D | 2024-03-05 | 2024-03-01 | NVT | Padmanabhan Aravind | EVP, CTO | F - Tax | $68.74 | -231 | 14.2K | -2% | -$15.9K |
| D | 2024-03-05 | 2024-03-01 | NVT | Padmanabhan Aravind | EVP, CTO | M - OptEx | $0.00 | +3,450 | 17.5K | +25% | $0 |
| D | 2024-03-05 | 2024-03-01 | NVT | Padmanabhan Aravind | EVP, CTO | M - OptEx | $0.00 | -3,450 | 0 | -100% | $0 |
| D | 2024-03-05 | 2024-03-01 | NVT | Padmanabhan Aravind | EVP, CTO | A - Grant | $0.00 | +10.1K | 10.1K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares - Restricted Stock Units | 2024-03-01 | A | A | 4,001 | $0.00 | 14,030 | D | — | — | |
| 2 | Common | Ordinary Shares | 2024-03-01 | F | D | 231 | $68.74 | 14,248 | D | — | — | (F3) End-of-period holdings reflect the deferral of vested performance share units. |
| 3 | Common | Ordinary Shares | 2024-03-01 | M | A | 3,450 | $0.00 | 17,510 | D | — | — | |
| 4 | Derivative | Performance Share Units | 2024-03-01 | M | D | 3,450 | $0.00 | 0 | D | — · — to — | 3,450 Ordinary Shares | (F8) Performance share units vest during the March 1, 2021-March 1, 2024 performance period one-third if the closing price for nVent shares exceeds $26.25 for 20 consecutive days and the reporting person is employed for 1 year from the grant date, one-third if the closing price for nVent shares exceeds $28.35 for 20 consecutive days and the reporting person is employed for 2 years from the grant date, and one-third if the closing price for nVent shares exceeds $30.62 for 20 consecutive days and the reporting person is employed for 3 years from the grant date. Each of the foregoing nVent share price conditions has been satisfied. Each performance share unit represents a right to receive one nVent Electric plc share upon vesting. |
| 5 | Derivative | Employee Stock Option (right to buy) | 2024-03-01 | A | A | 10,127 | $0.00 | 10,127 | D | $68.74 · — to 2034-03-01 | 10,127 Ordinary Shares | (F7) One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2024. |