SEC Form 4 · accession 0001466258-15-000006
Trane Technologies plc · TT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W Lamach
Officer — Chairman, President and CEO · Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 5, 2015 · 4:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001466258
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Jan 2, 2015 | M | 100,000 | $34.66 | A | 339,459 | D | |
| Ordinary Shares | Jan 2, 2015 | M | 50,000 | $25.22 | A | 389,459 | D | |
| Ordinary SharesF1,F2 | Jan 2, 2015 | S | 150,000 | $63.0142 | D | 239,459 | D | |
| Ordinary SharesF3 | holding | — | — | — | 2,043 | I | By Plan Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $34.66 | Jan 2, 2015 | M | 100,000 | A | — | Jun 5, 2018 | Ordinary Shares | 100,000 | 0 | D |
| Stock Option (Right to Buy)F5 | $25.22 | Jan 2, 2015 | M | 50,000 | A | — | Feb 15, 2020 | Ordinary Shares | 250,000 | 200,000 | D |
Explanation of responses
- F1Transaction executed pursuant to a Rule 10b5-1 Plan adopted by the reporting person on October 31, 2014.
- F2This transaction was executed in multiple trades ranging from $62.64 to $63.94 per share. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F3Latest available information provided by the trustee of the Ingersoll-Rand Employee Savings Plan.
- F4The stock option vests in three (3) annual installments beginning on June 6, 2009.
- F5The option vests in three (3) equal installments beginning on February 16, 2011.