SEC Form 4 · accession 0001466258-16-000411
Trane Technologies plc · TT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith A Sultana
Officer — Senior Vice President
Period of report
Apr 28, 2016
Accepted (ET)
May 2, 2016 · 4:06 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 | Apr 28, 2016 | M | 2,008 | $41.91 | A | 12,752 | D | |
| Ordinary SharesF1 | Apr 28, 2016 | S | 2,008 | $66.07 | D | 10,744 | D | |
| Ordinary SharesF2 | Apr 28, 2016 | S | 3,117 | $66.10 | D | 7,627 | D | |
| Ordinary SharesF3 | Apr 28, 2016 | I | 2,296 | $65.33 | A | 13,115 | 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 | $41.9062 | Apr 28, 2016 | M | 2,008 | A | — | Feb 21, 2023 | Ordinary Shares | 2,008 | 0 | D |
| Phantom Stock UnitsF5 | $0.00 | Apr 28, 2016 | I | 1,790 | A | — | — | Ordinary Shares | 1,790 | 3,469 | I |
Explanation of responses
- F1This transaction was executed in multiple trades ranging from $66.06 to $66.08 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.
- F2This transaction was executed in multiple trades ranging from $66.09 to $66.11 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) equal annual installments beginning on February 22, 2014.
- F5These Phantom Stock Units are to be settled in cash equal to the fair market value of ordinary shares multiplied by the number of phantom stock units held upon the reporting person's termination of employment with the issuer.