Jerome O Pedretti Form 3 PENTAIR / Jerome O Pedretti ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Pedretti Jerome O

(Last) (First) (Middle)

5500 WAYZATA BLVD., SUITE 900

(Street)

GOLDEN VALLEY MN 55416

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/04/2020

3. Issuer Name and Ticker or Trading Symbol
PENTAIR plc [ PNR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP & Pres., Ind. & Flow Tech.

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	8,139	D
Common Shares - Restricted Stock Units	7,482	D
Common Shares - Deferral Plan	434.433(1)	I	Plan Agent

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	(2)	02/15/2023	Common Shares	2,420	35.25	D
Employee Stock Option (right to buy)	(2)	03/03/2024	Common Shares	1,803	53.49	D
Employee Stock Option (right to buy)	(2)	03/02/2025	Common Shares	2,990	44.11	D
Employee Stock Option (right to buy)	(2)	03/01/2027	Common Shares	5,858	39.88	D
Employee Stock Option (right to buy)	(3)	05/02/2028	Common Shares	6,870	45.42	D
Employee Stock Option (right to buy)	(3)	03/01/2029	Common Shares	5,810	42.68	D
Employee Stock Option (right to buy)	(3)	03/02/2030	Common Shares	12,067	41.08	D

Explanation of Responses:

1. Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.

2. This option is presently exercisable in full.

3. One-third of the stock options become exercisable on the first, second and third anniversary of the grant.

	/s/ John K. Wilson, Attorney-in-Fact for Jerome O. Pedretti	05/07/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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