SEC Form 4 · accession 0001466258-16-000391
Trane Technologies plc · TT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W Lamach
Officer — Chairman and CEO · Director
Period of report
Mar 17, 2016
Accepted (ET)
Mar 21, 2016 · 4:09 pm EDT
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 | Mar 17, 2016 | M | 100,000 | $25.22 | A | 372,610 | D | |
| Ordinary SharesF1 | Mar 17, 2016 | S | 100,000 | $60.00 | D | 272,610 | D | |
| Ordinary SharesF1 | Mar 17, 2016 | S | 85,559 | $60.00 | D | 187,051 | D | |
| Ordinary SharesF2 | holding | — | — | — | 2,085 | I | By Plan Trustee | |
| Ordinary Shares (Trust 1) | holding | — | — | — | 2,650 | I | By trust for benefit of child | |
| Ordinary Shares (Trust 2) | holding | — | — | — | 2,650 | I | By trust for benefit of child | |
| Ordinary Shares (Trust 3) | holding | — | — | — | 2,650 | I | By trust for benefit of child | |
| Ordinary Shares (GRAT) | holding | — | — | — | 93,989 | I | By grantor retained annuity trust |
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)F3 | $25.22 | Mar 17, 2016 | M | 100,000 | A | — | Feb 15, 2020 | Ordinary Shares | 100,000 | 100,000 | D |
Explanation of responses
- F1Transaction executed pursuant to a Rule 10b5-1 Plan adopted by the reporting person on October 30, 2015.
- F2Latest available information provided by the trustee of the Ingersoll-Rand Employee Savings Plan.
- F3The option vests in three (3) equal installments beginning on February 16, 2011.