Lynnette R. Heath - Feb 9, 2024 Form 4 Insider Report for nVent Electric plc (NVT)

Role
EVP & Chief HR Officer
Signature
/s/ John K. Wilson, Attorney-in-Fact for Lynnette R. Heath
Stock symbol
NVT
Transactions as of
Feb 9, 2024
Transactions value $
$7
Form type
4
Date filed
2/12/2024, 05:30 PM
Previous filing
Jun 5, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares Options Exercise $100K +4.44K +15.47% $22.51 33.1K Feb 9, 2024 Direct F1
transaction NVT Ordinary Shares Tax liability -$100K -1.56K -4.71% $64.05 31.6K Feb 9, 2024 Direct F2
holding NVT Ordinary Shares - Deferral Plan 17.4K Feb 9, 2024 Plan Agent F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NVT Employee Stock Option (right to buy) Options Exercise $0 -4.44K -16.5% $0.00 22.5K Feb 9, 2024 Ordinary Shares 4.44K $22.51 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 End-of-period holdings include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in exempt transactions pursuant to Rule 16b-3(c).
F2 Shares swapped to cover the stock option exercise price resulting from the stock option exercise.
F3 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).
F4 Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
F5 This option is presently exercisable in full.