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, 2007

Commission file number 1-11625

Pentair, Inc.

 

Minnesota		41-0907434
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification number)
5500 Wayzata Blvd, Suite 800, Golden Valley, Minnesota		55416
(Address of principal executive offices)		(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))

 

 

ITEM 8.01 Other Events

On June 29, 2007, Pentair, Inc. (the “Company”) issued a press release announcing that the jury in the retrial of the lost profits portion of the previously disclosed Horizon litigation awarded a verdict on June 28, 2007 against its subsidiary, Essef Corporation. The jury awarded the plaintiff, Celebrity Cruise Lines, Inc., $15.2 million for claimed lost profits in 1994 and 1995. 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

(a)		Financial Statements of Businesses Acquired
		Not applicable.
(b)		Pro Forma Financial Information
		Not applicable.
(c)		Shell Company Transactions
		Not applicable
(d)		Exhibits
		The following exhibit is provided as part of the information filed under Item 8.01 of this Current Report on Form 8-K:

Exhibit		Description
99.1		Pentair, Inc. press release dated June 29, 2007 announcing a $15.2 million adverse jury verdict in the retrial of the lost profits portion of the 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, 2007.

		PENTAIR, INC.
		Registrant
		By /s/		John L. Stauch
				John L. Stauch
				Executive Vice President and Chief Financial Officer
				(Chief Accounting Officer)

PENTAIR, INC.

Exhibit Index to Current Report on Form 8-K
Dated June 28, 2007

Exhibit
Number		Description
99.1		Pentair, Inc. press release dated June 29, 2007 announcing a $15.2 million adverse jury verdict in the retrial of the lost profits portion of the Horizon litigation.