Nicola Palmer - May 17, 2024 Form 4 Insider Report for nVent Electric plc (NVT)

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for Nicola Palmer
Stock symbol
NVT
Transactions as of
May 17, 2024
Transactions value $
-$123,775
Form type
4
Date filed
5/20/2024, 05:12 PM
Previous filing
May 16, 2023
Next filing
Jun 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares - Restricted Stock Units Award $0 +1.88K $0.00 1.88K May 17, 2024 Direct F1, F2
transaction NVT Ordinary Shares Tax liability -$124K -1.55K -9.19% $80.01 15.3K May 17, 2024 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan. Each restricted stock unit represents a right to receive one nVent Electic plc share upon vesting.
F2 End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
F3 Shares surrendered to pay taxes applicable to vesting of restricted stock units.
F4 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).