Sec Form 13D Filing - TRIAN FUND MANAGEMENT L.P. filing for nVent Electric plc (NVT) - 2020-07-30

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 

SCHEDULE 13D
Under the Securities Exchange Act of 1934
 
(Amendment No. 5)*
 

NVENT ELECTRIC PLC
(Name of Issuer)


Ordinary Shares, nominal value $0.01 per share
(Title of Class of Securities)


G6700G 107
(CUSIP Number)

Brian L. Schorr, Esq.
Trian Fund Management, L.P.
280 Park Avenue, 41st Floor
New York, New York 10017
Tel. No.: (212) 451-3000

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
July 29, 2020
(Date of Event Which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ◻.
 
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all on s.  See Rule 13d-7 for other parties to whom copies are to be sent.
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The Information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

 
 

 
 
 
1
 
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Nelson Peltz
 
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
AF
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
 
8
 
SHARED VOTING POWER
10,112,185
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
 
10
 
SHARED DISPOSITIVE POWER
10,112,185
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,112,185
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[  ]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 5.95%*
 
 
 
14
 
TYPE OF REPORTING PERSON
IN
 
_______
* Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 (the “Form 10-Q”).
 

 
 
1
 
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Peter W. May
 
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
AF
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
 
8
 
SHARED VOTING POWER
10,112,185
 
 
 
 
 9
 SOLE DISPOSITIVE POWER
0
 
 
 
10
 
SHARED DISPOSITIVE POWER
10,112,185
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,112,185
 
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[  ]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.95%*
 
 
 
14
 
TYPE OF REPORTING PERSON
IN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.

 
 

 
 
 
1
 
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Edward P. Garden
 
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
AF
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
 
8
 
SHARED VOTING POWER
10,112,185
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
 10
SHARED DISPOSITIVE POWER
10,112,185
 
 
11
 
AGGREGATE AM OUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,112,185
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[  ]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.95%*
 
 
 
14
 
TYPE OF REPORTING PERSON
IN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.
 

 
 
 
1
 
NAME OF REPORTING PERSON
Trian Fund Management, L.P.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
20-3454182
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
AF
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
 
8
 
SHARED VOTING POWER
10,112,185
 
 
 
 
 9
SOLE DISPOSITIVE POWER
0
 
 
 
 
10
 
SHARED DISPOSITIVE POWER
10,112,185
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,112,185
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[  ]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.95%*
 
 
 
14
 
TYPE OF REPORTING PERSON
PN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.
 
 

 

 
1
 
NAME OF REPORTING PERSON
Trian Fund Management GP, LLC
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
20-3454087
 
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
AF
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
8
 
SHARED VOTING POWER
10,112,185
 
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
10
 
SHARED DISPOSITIVE POWER
10,112,185
 
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,112,185
 
 
 12
 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[  ]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.95%*
 
 
 
14
 
TYPE OF REPORTING PERSON
OO
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.
 
 

  

 
1
 
NAME OF REPORTING PERSON
Trian Partners, L.P.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
20-3453988
 
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
WC
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
8
 
SHARED VOTING POWER
1,916,975
 
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
10
 
SHARED DISPOSITIVE POWER
1,916,975
 
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,916,975
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[X]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.13%*
 
 
14
 
TYPE OF REPORTING PERSON
PN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.
 
 

 
 
 
1
 
NAME OF REPORTING PERSON
Trian Partners Master Fund, L.P.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
98-0468601
 
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
WC
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
 
8
 
SHARED VOTING POWER
2,041,803
 
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
10
 
SHARED DISPOSITIVE POWER
2,041,803
 
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,041,803
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[X]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.20%*
 
 
14
 
TYPE OF REPORTING PERSON
PN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q. 
 

 

< td style="width: 51.39%; vertical-align: top;">
 
SOLE VOTING POWER
0
 
 
1
 
NAME OF REPORTING PERSON
Trian Partners Parallel Fund I, L.P.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
20-3694154
 
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
WC
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
 
 
8
 
SHARED VOTING POWER
240,131
 
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
 
10
 
SHARED DISPOSITIVE POWER
240,131
 
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
240,131
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[X]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.14%*
 
 
14
 
TYPE OF REPORTING PERSON
PN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.
 

 
 
 
1
 
NAME OF REPORTING PERSON
Trian Partners Strategic Investment Fund II, L.P.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
45-4929803
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
WC
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
 
8
 
SHARED VOTING POWER
647,963
 
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
10
 
SHARED DISPOSITIVE POWER
647,963
 
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
647,963
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[X]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.38%*
 
 
14
 
TYPE OF REPORTING PERSON
PN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.

 


 
1
 
NAME OF REPORTING PERSON
Trian Partners Strategic Investment Fund-A, L.P.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
27-4180625
 
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
WC
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
 
8
 
SHARED VOTING POWER
2,033,480
 
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
10
 
SHARED DISPOSITIVE POWER
2,033,480
 
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,033,480
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[X]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.20%*
 
 
14
 
TYPE OF REPORTING PERSON
PN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.
 
 

 

 
1
 
NAME OF REPORTING PERSON
Trian Partners Strategic Investment Fund-N, L.P.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
80-0958490
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
WC
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
 
8
 
SHARED VOTING POWER
1,534,132
 
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
10
 
SHARED DISPOSITIVE POWER
1,534,132
 
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,534,132
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[X]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.90%*
 
 
14
 
TYPE OF REPORTING PERSON
PN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.

 

 
 
1
 
NAME OF REPORTING PERSON
Trian Partners Strategic Investment Fund-D, L.P.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
98-1108184
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
WC
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
 
8
 
SHARED VOTING POWER
320,349
 
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
 
10
 
SHARED DISPOSITIVE POWER
320,349
 
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
320,349
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[X]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.19%*
 
 
14
 
TYPE OF REPORTING PERSON
PN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.

 

 

 
1
 
NAME OF REPORTING PERSON
Trian Partners Fund (Sub)-G, L.P.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
90-1035117
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
WC
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
 
8
 
SHARED VOTING POWER
102,562
 
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
10
 
SHARED DISPOSITIVE POWER
102,562
 
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
102,562
 
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[X]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.06%*
 
 
14
 
TYPE OF REPORTING PERSON
PN
 
_____________
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.
 

 
 
 
1
 
NAME OF REPORTING PERSON
Trian Partners Strategic Fund-G II, L.P.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
46-5509975
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
WC
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
 
8
 
SHARED VOTING POWER
303,659
 
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
 
10
 
SHARED DISPOSITIVE POWER
303,659
 
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
303,659
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[X]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.18%*
 
 
14
 
TYPE OF REPORTING PERSON
PN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.
 
 

 

 
1
 
NAME OF REPORTING PERSON
Trian Partners Strategic Fund-G III, L.P.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
47-2121971
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
WC
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
8
 
SHARED VOTING POWER
152,450
 
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
10
 
SHARED DISPOSITIVE POWER
152,450
 
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
152,450
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[X]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.09%*
 
 
14
 
TYPE OF REPORTING PERSON
PN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.



 
 
1
 
NAME OF REPORTING PERSON
Trian Partners Strategic Fund-K, L.P.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
47-5116069
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
WC
 
 
5
 
CHECK BOX IF DISCLOSUR E OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
8
 
SHARED VOTING POWER
461,113
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
10
 
SHARED DISPOSITIVE POWER
461,113
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
461,113
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[X]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.27%*
 
 
14
 
TYPE OF REPORTING PERSON
PN
 
_______
*   Calculated based on 169,849,544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.



 
1
 
NAME OF REPORTING PERSON
Trian Partners Strategic Fund-C, Ltd.
 
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
98-1327448
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)  [_]
(b)  [_]
 
3
 
SEC USE ONLY
 
 
4
 
SOURCE OF FUNDS
WC
 
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
[_]
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7
 
SOLE VOTING POWER
0
 
 
 
8
 
SHARED VOTING POWER
339,365
 
 
 
9
 
SOLE DISPOSITIVE POWER
0
 
 
 
10
 
SHARED DISPOSITIVE POWER
339,365
 
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
339,365
 
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
[X]
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.20%*
 
 
14
 
TYPE OF REPORTING PERSON
OO
 
_______
*   Calculated based on 169,849, 544 ordinary shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q.

 


This Amendment No. 5 (“Amendment No. 5”) amends and supplements the Schedule 13D filed with the Securities and Exchange Commission on May 9, 2018 (the “Original Schedule 13D”), as amended by Amendment No. 1 filed on June 1, 2018, as amended by Amendment No. 2 filed on May 17, 2019, as amended by Amendment No. 3 filed on May 1, 2020, and as amended by Amendment No. 4 (“Amendment No. 4”) filed on July 2, 2020 (as amended, the “Schedule 13D”), relating to the Ordinary Shares, nominal value $0.01 per share (the “Shares”), of nVent Electric plc, an Irish public limited company (the “Issuer”). The address of the principal executive office of the Issuer is The Mille, 1000 Great West Road, 8th Floor (East), London, TW8 9DW United Kingdom.

Capitalized terms not defined herein shall have the meanings ascribed to them in the Schedule 13D.  Except as set forth herein, the Schedule 13D is unmodified.

Items 4 and 5 of the Schedule 13D are hereby amended and supplemented as follows:

Item 4. Purposes of Transaction

Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following information:

The Reporting Persons intend to review alternatives with respect to their investment in the Issuer on a continuing basis. Depending on various factors, including, without limitation, the Issuer's financial position, results and strategic direction, price levels of the Shares, actions taken by management and the Board of Directors of the Issuer, the Reporting Persons' overall investment strategies, liquidity requirements and other portfolio management considerations, other investment opportunities available to the Reporting Persons, conditions in the securities and capital markets, and general economic and industry conditions, the Reporting Persons may, from time to time and at any time in the future, take such actions with respect to their investment in the Issuer as they deem appropriate, including, without limitation, disposing of some or all of their securities of the Issuer, in the open market or otherwise. The Reporting Persons reserve the right at any time to formulate other plans and/or make other proposals, and take such actions with respect to their investment in the Issuer and/or change their intention with respect to any and all matters set forth in subparagraphs (a) through (j) of  Item 4 of Schedule 13D.

Item 5. Interest in Securities of the Issuer

Item 5 of the Schedule 13D is hereby amended and supplemented by adding the following information:

(a) As of 4:00 p.m., New York City time, on July 30, 2020, the Reporting Persons beneficially owned, in the aggregate, 10,112,185 Shares, representing approximately 5.95% of the Issuer’s outstanding Shares (calculated based on 169,849,544 Shares outstanding as of March 31, 2020, as reported in the Issuer’s Form 10-Q). Such Shares include an aggregate of 10,101,066 Shares beneficially owned by the Reporting Persons through direct ownership of Shares, representing approximately 5.95% of the Issuer’s outstanding Shares, and an additional 11,119 Shares underlying nVent Director Options held by Mr. Garden, representing approximately 0.01% of the Issuer’s outstanding Shares.

(b) As of 4:00 p.m., New York City time, on July 30, 2020, each of Trian Onshore, Trian Offshore, Parallel Fund I, TPSIF II, Strategic Fund-A, Strategic Fund-N, Strategic Fund-D, Fund G, Strategic Fund-G II, Strategic Fund-G III, Strategic Fund-K, Strategic Fund-C and Trian Management beneficially and directly owns and has sole voting power and sole dispositive power with regard to 1,916,975, 2,041,803, 240,131, 647,963, 2,033,480, 1,534,132, 320,349, 102,562, 303,659, 152,450, 461,113, 339,365, and 7,084 Shares, respectively, except to the extent that other Reporting Persons as described in this Item 5 may be deemed to have shared voting power and shared dispositive power with regard to such Shares.  Mr. Garden beneficially owns and has sole voting power and sole dispositive power with regard to 11,119 Shares underlying nVent Director Options, except to the extent that other members of the Trian Group as described in this Item 5 may be deemed to have shared voting power and shared dispositive power with regard to such Shares.

(c) Schedule A hereto (which is incorporated by reference in this Item 5 as if restated in full herein) sets forth all transactions with respect to the Shares effected since the filing of Amendment No. 4 by any of the Reporting Persons, inclusive of the transactions effected through 4:00 p.m., New York City time, on July 30, 2020.  All transactions set forth on Schedule A were effected in the open market.  The prices set forth on Schedule A do not include commissions.




[INTENTIONALLY LEFT BLANK]



SIGNATURE

 After reasonable inquiry and to the best of each of the undersigned knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.


Dated: July 30, 2020

 
TRIAN FUND MANAGEMENT, L.P.
 
By:
Trian Fund Management GP, LLC, its general partner
     
 
By:
/s/ EDWARD P. GARDEN
   
Name:
Edward P. Garden
   
Title:
Member
   
 
TRIAN FUND MANAGEMENT GP, LLC
     
 
By:
/s/ EDWARD P. GARDEN
   
Name:
Edward P. Garden
   
Title:
Member
   
 
TRIAN PARTNERS, L.P.
 
By:
Trian Partners GP, L.P., its general partner
     
 
By:
Trian Partners General Partner, LLC, its general partner
     
 
By:
/s/ EDWARD P. GARDEN
   
Name:
Edward P. Garden
   
Title:
Member
   
 
TRIAN PARTNERS MASTER FUND, L.P.
 
By:
Trian Partners GP, L.P., its general partner
     
 
By:
Trian Partners General Partner, LLC, its general partner
     
 
By:
/s/ EDWARD P. GARDEN
   
Name:
Edward P. Garden
   
Title:
Member
       



   
 
TRIAN PARTNERS PARALLEL FUND I, L.P.
 
By:
Trian Partners Parallel Fund I General Partner, LLC, its general partner
     
 
By:
/s/ EDWARD P. GARDEN
   
Name:
Edward P. Garden
   
Title:
Member
       
   
 
TRIAN PARTNERS STRATEGIC INVESTMENT FUND II, L.P.
 
By:
Trian Partners Strategic Investment Fund II GP, L.P., its general partner
       
 
By:
Trian Partners Strategic Investment Fund-II General Partner, LLC., its general partner
       
 
By:
/s/ EDWARD P. GARDEN
   
Name
Edward P. Garden
   
Title
Member
   
 
TRIAN PARTNERS STRATEGIC INVESTMENT FUND-A, L.P.
 
By:
Trian Partners Strategic Investment Fund-A GP, L.P., its general partner
     
 
By:
Trian Partners Strategic Investment Fund-A General Partner, LLC, its general partner
     
 
By:
/s/ EDWARD P. GARDEN
   
Name:
Edward P. Garden
   
Title:
Member
   
 
TRIAN PARTNERS STRATEGIC INVESTMENT FUND-N, L.P.
 
By:
Trian Partners Strategic Investment Fund-N GP, L.P., its general partner
     
 
By:
Trian Partners Strategic Investment Fund-N General Partner, LLC., its general partner
       
 
By:
/s/ EDWARD P. GARDEN
   
Name:
Edward P. Garden
   
Title:
Member
       







   
 
TRIAN PARTNERS STRATEGIC INVESTMENT FUND-D, L.P.
 
By:
Trian Partners Strategic Investment Fund-D GP, L.P., its general partner
     
 
By:
Trian Partners Strategic Investment Fund-D General Partner, LLC, its general partner
       
 
By:
/s/ EDWARD P. GARDEN
   
Name:
Edward P. Garden
   
Title:
Member
       
 
TRIAN PARTNERS FUND (SUB)-G, L.P.
 
By:
Trian Partners Investment Fund-G GP, L.P., its general partner
     
 
By:
Trian Partners Investment Fund-G General Partner, LLC, its general partner
       
 
By:
/s/ EDWARD P. GARDEN
   
Name:
Edward P. Garden
   
Title:
Member
       
       
 
TRIAN PARTNERS STRATEGIC FUND-G II, L.P.
 
By:
Trian Partners Strategic Fund-G II GP, L.P., its general partner
     
 
By:
Trian Partners Strategic Fund-G II General Partner, LLC, its general partner
       
 
By:
/s/ EDWARD P. GARDEN
   
Name:
Edward P. Garden
   
Title:
Member





       
       
 
TRIAN PARTNERS STRATEGIC FUND-G III, L.P.
 
By:
Trian Partners Strategic Fund-G III GP, L.P., its general partner
       
 
By:
Trian Partners Strategic Fund-G III General Partner, LLC, its general partner
     
 
By:
/s/ EDWARD P. GARDEN
   
Name
Edward P. Garden
   
Title
Member
       
       
 
TRIAN PARTNERS STRATEGIC FUND-K, L.P.
 
By:
Trian Partners Strategic Fund-K GP, L.P., its general partner
       
 
By:
Trian Partners Strategic Fund-K General Partner, LLC, its general partner
     
 
By:
/s/ EDWARD P. GARDEN
   
Name
Edward P. Garden
   
Title
Member
       
 
TRIAN PARTNERS STRATEGIC FUND-C, LTD.
       
 
By:
/s/ EDWARD P. GARDEN
   
Name
Edward P. Garden
   
Title
Director
       
       
 
/s/ NELSON PELTZ
Nelson Peltz
 
 
 
/s/ PETER W. MAY
Peter W. May
 
 
 
/s/ EDWARD P. GARDEN
Edward P. Garden
 
 
 





SCHEDULE A


7/14/2020
Reporting Person
 
Date
 
 Shares
 
Price
 
Type
                 
Trian Partners Master Fund, L.P.
 
7/9/2020
 
123
 
$ 18.1600
 
Sell
Trian Partners Master Fund, L.P.
 
7/10/2020
 
25,267
 
$ 18.1718
 
Sell
Trian Partners Master Fund, L.P.
 
7/13/2020
 
30,730
 
$ 18.5106
 
Sell
Trian Partners Master Fund, L.P.
 
7/14/2020
 
30,321
 
$ 18.4623
 
Sell
Trian Partners Master Fund, L.P.
 
7/15/2020
 
60,641
 
$ 19.1491
 
Sell
Trian Partners Master Fund, L.P.
 
7/16/2020
 
39,478
 
$ 19.3043
 
Sell
Trian Partners Master Fund, L.P.
 
7/17/2020
 
50,535
 
$ 19.6825
 
Sell
Trian Partners Master Fund, L.P.
 
7/20/2020
 
222
 
$ 19.7491
 
Sell
Trian Partners Master Fund, L.P.
 
7/21/2020
 
9,842
 
$ 19.3954
 
Sell
Trian Partners Master Fund, L.P.
 
7/22/2020
 
14,835
 
$ 19.0183
 
Sell
Trian Partners Master Fund, L.P.
 
7/23/2020
 
30,321
 
$ 19.0971
 
Sell
Trian Partners Master Fund, L.P.
 
7/24/2020
 
3,072
 
$ 18.8090
 
Sell
Trian Partners Master Fund, L.P.
 
7/27/2020
 
26,582
 
$ 19.0122
 
Sell
Trian Partners Master Fund, L.P.
 
7/28/2020
 
16,172
 
$ 18.9531
 
Sell
Trian Partners Master Fund, L.P.
 
7/29/2020
 
25,267
 
$ 19.2134
 
Sell
                 
Trian Fund Management, L.P.
 
7/10/2020
 
88
 
$ 18.1718
 
Sell
Trian Fund Management, L.P.
 
7/13/2020
 
107
 
$ 18.5106
 
Sell
Trian Fund Management, L.P.
 
7/14/2020
 
105
 
$ 18.4623
 
Sell
Trian Fund Management, L.P.
 
7/15/2020
 
210
 
$ 19.1491
 
Sell
Trian Fund Management, L.P.
 
7/16/2020
 
137
 
$ 19.3043
 
Sell
Trian Fund Management, L.P.
 
7/17/2020
 
175
 
$ 19.6825
 
Sell
Trian Fund Management, L.P.
 
7/20/2020
 
1
 
$ 19.7491
 
Sell
Trian Fund Management, L.P.
 
7/21/2020
 
34
 
$ 19.3954
 
Sell
Trian Fund Management, L.P.
 
7/22/2020
 
51
 
$ 19.0183
 
Sell
Trian Fund Management, L.P.
 
7/23/2020
 
105
 
$ 19.0971
 
Sell
Trian Fund Management, L.P.
 
7/24/2020
 
11
 
$ 18.8090
 
Sell
Trian Fund Management, L.P.
 
7/27/2020
 
92
 
$ 19.0122
 
Sell
Trian Fund Management, L.P.
 
7/28/2020
 
56
 
$ 18.9531
 
Sell
Trian Fund Management, L.P.
 
7/29/2020
 
88
 
$ 19.2134
 
Sell
                 
Trian Partners, L.P.
 
7/9/2020
 
114
 
$ 18.1600
 
Sell
Trian Partners, L.P.
 
7/10/2020
 
23,722
 
$ 18.1718
 
Sell
Trian Partners, L.P.
 
7/13/2020
 
28,852
 
$ 18.5106
 
Sell
Trian Partners, L.P.
 
7/14/2020
 
28,467
 
$ 18.4623
 
Sell
Trian Partners, L.P.
 
7/15/2020
 
56,934
 
$ 19.1491
 
Sell
Trian Partners, L.P.
 
7/16/2020
 
37,065
 
$ 19.3043
 
Sell
Trian Partners, L.P.
 
7/17/2020
 
47,445
 
$ 19.6825
 
Sell
Trian Partners, L.P.
 
7/20/2020
 
209
 
$ 19.7491
 
Sell
Trian Partners, L.P.
 
7/21/2020
 
9,241
 
$ 19.3954
 
Sell
Trian Partners, L.P.
 
7/22/2020
 
13,929
 
$ 19.0183
 
Sell
Trian Partners, L.P.
 
7/23/2020
 
28,467
 
$ 19.0971
 
Sell
Trian Partners, L.P.
 
7/24/2020
 
2,885
 
$ 18.8090
 
Sell
Trian Partners, L.P.
 
7/27/2020
 
24,957
 
$ 19.0122
 
Sell
Trian Partners, L.P.
 
7/28/2020
 
15,182
 
$ 18.9531
 
Sell
Trian Partners, L.P.
 
7/29/2020
 
23,722
 
$ 19.2134
 
Sell
                 
Trian Partners Parallel Fund I, L.P.
 
7/9/2020
 
14
 
$ 18.1600
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/10/2020
 
2,972
 
$ 18.1718
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/13/2020
 
3,614
 
$ 18.5106
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/14/2020
 
3,566
 
$ 18.4623
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/15/2020
 
7,132
 
$ 19.1491
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/16/2020
 
4,643
 
$ 19.3043
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/17/2020
 
5,943
 
$ 19.6825
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/20/2020
 
26
 
$ 19.7491
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/21/2020
 
1,158
 
$ 19.3954
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/22/2020
 
1,745
 
$ 19.0183
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/23/2020
 
3,566
 
$ 19.0971
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/24/2020
 
361
 
$ 18.8090
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/27/2020
 
3,126
 
$ 19.0122
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/28/2020
 
1,902
 
$ 18.9531
 
Sell
Trian Partners Parallel Fund I, L.P.
 
7/29/2020
 
2,972
 
$ 19.2134
 
Sell
                 
Trian Partners Strategic Investment Fund II, L.P.
 
7/9/2020
 
38
 
$ 18.1600
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/10/2020
 
8,018
 
$ 18.1718
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/13/2020
 
9,752
 
$ 18.5106
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/14/2020
 
9,622
 
$ 18.4623
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/15/2020
 
19,244
 
$ 19.1491
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/16/2020
 
12,528
 
$ 19.3043
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/17/2020
 
16,037
 
$ 19.6825
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/20/2020
 
71
 
$ 19.7491
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/21/2020
 
3,123
 
$ 19.3954
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/22/2020
 
4,708
 
$ 19.0183
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/23/2020
 
9,622
 
$ 19.0971
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/24/2020
 
975
 
$ 18.8090
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/27/2020
 
8,436
 
$ 19.0122
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/28/2020
 
5,132
 
$ 18.9531
 
Sell
Trian Partners Strategic Investment Fund II, L.P.
 
7/29/2020
 
8,018
 
$ 19.2134
 
Sell
                 
Trian Partners Strategic Investment Fund-A, L.P.
 
7/9/2020
 
121
 
$ 18.1600
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/10/2020
 
25,164
 
$ 18.1718
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/13/2020
 
30,605
 
$ 18.5106
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
   
30,197
 
$ 18.4623
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/15/2020
 
60,394
 
$ 19.1491
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/16/2020
 
39,317
 
$ 19.3043
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/17/2020
 
50,328
 
$ 19.6825
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/20/2020
 
221
 
$ 19.7491
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/21/2020
 
9,802
 
$ 19.3954
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/22/2020
 
14,775
 
$ 19.0183
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/23/2020
 
30,197
 
$ 19.0971
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/24/2020
 
3,060
 
$ 18.8090
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/27/2020
 
26,473
 
$ 19.0122
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/28/2020
 
16,105
 
$ 18.9531
 
Sell
Trian Partners Strategic Investment Fund-A, L.P.
 
7/29/2020
 
25,164
 
$ 19.2134
 
Sell
                 
Trian Partners Strategic Investment Fund-D, L.P.
 
7/9/2020
 
19
 
$ 18.1600
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/10/2020
 
3,964
 
$ 18.1718
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/13/2020
 
4,821
 
$ 18.5106
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/14/2020
 
4,757
 
$ 18.4623
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/15/2020
 
9,514
 
$ 19.1491
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/16/2020
 
6,194
 
$ 19.3043
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/17/2020
 
7,929
 
$ 19.6825
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/20/2020
 
35
 
$ 19.7491
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/21/2020
 
1,544
 
$ 19.3954
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/22/2020
 
2,328
 
$ 19.0183
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/23/2020
 
4,757
 
$ 19.0971
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/24/2020
 
482
 
$ 18.8090
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/27/2020
 
4,171
 
$ 19.0122
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/28/2020
 
2,537
 
$ 18.9531
 
Sell
Trian Partners Strategic Investment Fund-D, L.P.
 
7/29/2020
 
3,964
 
$ 19.2134
 
Sell
                 
Trian Partners Fund (SUB)-G, L.P.
 
7/9/2020
 
6
 
$ 18.1600
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/10/2020
 
1,269
 
$ 18.1718
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/13/2020
 
1,544
 
$ 18.5106
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/14/2020
 
1,523
 
$ 18.4623
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/15/2020
 
3,046
 
$ 19.1491
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/16/2020
 
1,983
 
$ 19.3043
 
Sell
Trian Partners Fund (SUB)- G, L.P.
 
7/17/2020
 
2,538
 
$ 19.6825
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/20/2020
 
11
 
$ 19.7491
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/21/2020
 
494
 
$ 19.3954
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/22/2020
 
745
 
$ 19.0183
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/23/2020
 
1,523
 
$ 19.0971
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/24/2020
 
154
 
$ 18.8090
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/27/2020
 
1,335
 
$ 19.0122
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/28/2020
 
812
 
$ 18.9531
 
Sell
Trian Partners Fund (SUB)-G, L.P.
 
7/29/2020
 
1,269
 
$ 19.2134
 
Sell
                 
Trian Partners Strategic Fund G-II, L.P.
 
7/9/2020
 
18
 
$ 18.1600
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/10/2020
 
3,758
 
$ 18.1718
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/13/2020
 
4,570
 
$ 18.5106
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/14/2020
 
4,509
 
$ 18.4623
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/15/2020
 
9,019
 
$ 19.1491
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/16/2020
 
5,871
 
$ 19.3043
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/17/2020
 
7,516
 
$ 19.6825
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/20/2020
 
33
 
$ 19.7491
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/21/2020
 
1,464
 
$ 19.3954
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/22/2020
 
2,206
 
$ 19.0183
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/23/2020
 
4,509
 
$ 19.0971
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/24/2020
 
457
 
$ 18.8090
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/27/2020
 
3,953
 
$ 19.0122
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/28/2020
 
2,405
 
$ 18.9531
 
Sell
Trian Partners Strategic Fund G-II, L.P.
 
7/29/2020
 
3,758
 
$ 19.2134
 
Sell
                 
Trian Partners Strategic Fund G-III, L.P.
 
7/9/2020
 
9
 
$ 18.1600
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/10/2020
 
1,887
 
$ 18.1718
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/13/2020
 
2,295
 
$ 18.5106
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/14/2020
 
2,264
 
$ 18.4623
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/15/2020
 
4,528
 
$ 19.1491
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/16/2020
 
2,948
 
$ 19.3043
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/17/2020
 
3,773
 
$ 19.6825
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/20/2020
 
17
 
$ 19.7491
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/21/2020
 
735
 
$ 19.3954
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/22/2020
 
1,108
 
$ 19.0183
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/23/2020
 
2,264
 
$ 19.0971
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/24/2020
 
229
 
$ 18.8090
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/27/2020
 
1,985
 
$ 19.0122
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/28/2020
 
1,207
 
$ 18.9531
 
Sell
Trian Partners Strategic Fund G-III, L.P.
 
7/29/2020
 
1,887
 
$ 19.2134
 
Sell
                 
Trian Partners Strategic Investment Fund-N, L.P.
 
7/9/2020
 
91
 
$ 18.1600
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/10/2020
 
18,985
 
$ 18.1718
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/13/2020
 
23,090
 
$ 18.5106
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/14/2020
 
22,782
 
$ 18.4623
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/15/2020
 
45,564
 
$ 19.1491
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/16/2020
 
29,663
 
$ 19.3043
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/17/2020
 
37,970
 
$ 19.6825
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/20/2020
 
167
 
$ 19.7491
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/21/2020
 
7,395
 
$ 19.3954
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/22/2020
 
11,147
 
$ 19.0183
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/23/2020
 
22,782
 
$ 19.0971
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/24/2020
 
2,309
 
$ 18.8090
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/27/2020
 
19,972
 
$ 19.0122
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/28/2020
 
12,150
 
$ 18.9531
 
Sell
Trian Partners Strategic Investment Fund-N, L.P.
 
7/29/2020
 
18,985
 
$ 19.2134
 
Sell
                 
Trian Partners Strategic Fund-K, L.P.
 
7/9/2020
 
27
 
$ 18.1600
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/10/2020
 
5,706
 
$ 18.1718
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/13/2020
 
6,940
 
$ 18.5106
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/14/2020
 
6,847
 
$ 18.4623
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/15/2020
 
13,695
 
$ 19.1491
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/16/2020
 
8,916
 
$ 19.3043
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/17/2020
 
11,412
 
$ 19.6825
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/20/2020
 
50
 
$ 19.7491
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/21/2020
 
2,223
 
$ 19.3954
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/22/2020
 
3,350
 
$ 19.0183
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/23/2020
 
6,847
 
$ 19.0971
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/24/2020
 
694
 
$ 18.8090
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/27/2020
 
6,003
 
$ 19.0122
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/28/2020
 
3,652
 
$ 18.9531
 
Sell
Trian Partners Strategic Fund-K, L.P.
 
7/29/2020
 
5,706
 
$ 19.2134
 
Sell
                 
Trian Partners Strategic Fund-C, Ltd.
 
7/9/2020
 
20
 
$ 18.1600
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/10/2020
 
4,200
 
$ 18.1718
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/13/2020
 
5,108
 
$ 18.5106
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/14/2020
 
5,040
 
$ 18.4623
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/15/2020
 
10,079
 
$ 19.1491
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/16/2020
 
6,562
 
$ 19.3043
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/17/2020
 
8,399
 
$ 19.6825
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/20/2020
 
37
 
$ 19.7491
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/21/2020
 
1,636
 
$ 19.3954
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/22/2020
 
2,466
 
$ 19.0183
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/23/2020
 
5,040
 
$ 19.0971
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/24/2020
 
511
 
$ 18.8090
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/27/2020
 
4,418
 
$ 19.0122
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/28/2020
 
2,688
 
$ 18.9531
 
Sell
Trian Partners Strategic Fund-C, Ltd.
 
7/29/2020
 
4,200
 
$ 19.2134
 
Sell