Form 4 for NVT nVent Electric plc
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001567619-22-006280 · 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 | 2022-03-03 | 2022-03-01 | NVT | Lammers Jon D. | EVP, Gen. Counsel, Sec | M - OptEx | $0.00 | +6,898 | 30.9K | +29% | $0 |
| D | 2022-03-03 | 2022-03-01 | NVT | Lammers Jon D. | EVP, Gen. Counsel, Sec | A - Grant | $0.00 | +5,983 | 15.2K | +65% | $0 |
| D | 2022-03-03 | 2022-03-01 | NVT | Lammers Jon D. | EVP, Gen. Counsel, Sec | F - Tax | $33.43 | -3,146 | 27.8K | -10% | -$105.2K |
| D | 2022-03-03 | 2022-03-01 | NVT | Lammers Jon D. | EVP, Gen. Counsel, Sec | A - Grant | $0.00 | +21.6K | 21.6K | New | $0 |
| D | 2022-03-03 | 2022-03-01 | NVT | Lammers Jon D. | EVP, Gen. Counsel, Sec | M - OptEx | $0.00 | -6,898 | 13.8K | -33% | $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 | 2022-03-01 | M | A | 6,898 | $0.00 | 30,922 | D | — | — | |
| 2 | Common | Ordinary Shares - Restricted Stock Units | 2022-03-01 | A | A | 5,983 | $0.00 | 15,201 | D | — | — | |
| 3 | Common | Ordinary Shares | 2022-03-01 | F | D | 3,146 | $33.43 | 27,776 | D | — | — | |
| 4 | Derivative | Employee Stock Option (right to buy) | 2022-03-01 | A | A | 21,637 | $0.00 | 21,637 | D | $33.43 · — to 2032-03-01 | 21,637 Ordinary Shares | (F5) One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2022. |
| 5 | Derivative | Performance Share Units | 2022-03-01 | M | D | 6,898 | $0.00 | 13,797 | D | — · — to — | 6,898 Ordinary Shares | (F6) 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. |