Executive Vice President of Pentair just cashed-in 60,000 options

John L Stauch, Executive Vice President of Pentair, recently cashed-in 60,000 options. The options were exercised at $33.38, while the disposals took place at $76.33 per share, on May 13, 2014. Stauch continues to hold 43,868 shares of the company. Stauch operates out of Golden Valley, MN. Some additional info was provided as follows:

The price in Column 4 is a weighted average price. The prices actually received ranged from $76.25 to $76.645. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price. End-of-period holdings include m onthly purchase(s) under the Pentair Ltd. Employee Stock Purchase and Bonus Plan (ESPP) in exempt transaction(s) pursuant to Rule 16b-3(c); and shares acquired pursuant to a dividend reinvestment feature of the ESPP. Shares of Pentair Ltd. common shares will be delivered to the reporting person in accordance with their irrevocable deferral election. 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). One-third of the stock options become exercisable on the first, second and third anniversary of the grant.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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