UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 28, 2006
Commission file number 1-11625
Pentair, Inc.
(Exact name of Registrant as specified in its charter)
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| Minnesota
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41-0907434 |
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| (State or other jurisdiction of incorporation or organization)
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(I.R.S. Employer Identification number) |
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| 5500 Wayzata Blvd, Suite 800, Golden Valley, Minnesota
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55416 |
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| (Address of principal executive offices)
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(Zip code) |
Registrant’s telephone number, including area code: (763) 545-1730
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
TABLE OF CONTENTS
ITEM 8.01 Other Events
On June 29, 2006, Pentair, Inc. (the “Company”) issued a press release announcing that the jury
in the commercial damages portion of the previously disclosed Horizon litigation awarded a verdict
on the evening of June 28, 2006 against its subsidiary, Essef Corporation, for $193 million in
favor of Celebrity Cruise Lines, Inc. The Company stated that it
believes the jury verdict in this case, which began prior to
Pentair’s acquisition of Essef, is not consistent with the law
nor the evidence offered at trial. The Company also stated it intends
to make all appropriate post-trial motions, especially those relating
to damage causation and the claim for lost enterprise value. A copy of the press release is filed as Exhibit 99.1 to this
Current Report on Form 8-K and is incorporated by reference herein.
ITEM 9.01 Financial Statements and Exhibits
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Financial Statements of Businesses Acquired
Not applicable. |
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Pro Forma Financial Information
Not applicable. |
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Shell Company Transactions
Not applicable |
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Exhibits
The following exhibit is provided as part of the
information filed under Item 8.01 of this Current
Report on Form 8-K: |
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Exhibit |
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Description |
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99.1
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Pentair, Inc. press release dated June 29, 2006 announcing a $193 million
adverse jury verdict in Horizon litigation. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized, on June 29,
2006.
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PENTAIR, INC.
Registrant
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By /s/ David D. Harrison
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David D. Harrison |
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Executive Vice President and Chief Financial Officer
(Chief Accounting Officer) |
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