Sec Form 4 Filing - BURRIS JERRY W @ nVent Electric plc - 2018-05-07

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
BURRIS JERRY W
2. Issuer Name and Ticker or Trading Symbol
nVent Electric plc [ NVT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1665 UTICA AVENUE, SUITE 700
3. Date of Earliest Transaction (MM/DD/YY)
05/07/2018
(Street)
ST. LOUIS PARK, MN55416
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares - Restricted Stock Units 05/07/2018 A( 1 ) 5,130 A $ 0 5,130 D
Ordinary Shares 24,443 ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Nonqualified Stock Option (right to buy) $ 11.28 ( 3 ) ( 4 ) 01/04/2020 Ordinary Shares 6,116 ( 3 ) 6,116 ( 3 ) D
Nonqualified Stock Option (right to buy) $ 12.49 ( 3 ) ( 4 ) 01/03/2021 Ordinary Shares 4,225 ( 3 ) 4,225 ( 3 ) D
Nonqualified Stock Option (right to buy) $ 11.53 ( 3 ) ( 4 ) 01/03/2022 Ordinary Shares 6,307 ( 3 ) 6,307 ( 3 ) D
Nonqualified Stock Option (right to buy) $ 17.1 ( 3 ) ( 4 ) 01/02/2023 Ordinary Shares 3,947 ( 3 ) 3,947 ( 3 ) D
Nonqualified Stock Option (right to buy) $ 25.96 ( 3 ) ( 4 ) 01/02/2024 Ordinary Shares 2,260 ( 3 ) 2,260 ( 3 ) D
Nonqualified Stock Option (right to buy) $ 22.52 ( 3 ) ( 4 ) 01/02/2025 Ordinary Shares 4,008 ( 3 ) 4,008 ( 3 ) D
Nonqualified Stock Option (right to buy) $ 16.65 ( 3 ) ( 5 ) 01/04/2026 Ordinary Shares 6,558 ( 3 ) 6,558 ( 3 ) D
Nonqualified Stock Option (right to buy) $ 19.57 ( 3 ) ( 6 ) 01/03/2027 Ordinary Shares 5,244 ( 3 ) 5,244 ( 3 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BURRIS JERRY W
1665 UTICA AVENUE
SUITE 700
ST. LOUIS PARK, MN55416
X
Signatures
/s/ John K. Wilson, Attorney-in-Fact for Jerry W. Burris 05/09/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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 Electric plc share upon vesting.
( 2 )Reflects ordinary shares received in a pro-rata distribution upon completion of the spin-off of nVent Electric plc from Pentair plc in an exempt transaction pursuant to Rule 16a-9.
( 3 )Each outstanding Pentair plc stock option was converted into an award of options to purchase nVent Electric plc ordinary shares In connection with the spin-off of nVent Electric plc from Pentair plc. The number of shares and exercise prices of each option award were adjusted in a manner intended to preserve the aggregate intrinsic value of the original Pentair plc stock option.
( 4 )This option is presently exercisable in full.
( 5 )Two-thirds of this option is presently exercisable. The remaining one-third becomes exercisable on January 4, 2019.
( 6 )One-third of this option is presently exercisable. The remaining two-thirds become exercisable on January 3, 2019 and January 3, 2020.

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 4(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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.