SEC Form 4 · accession 0001466258-16-000525
Trane Technologies plc · TT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Didier P Teirlinck
Officer — EVP, Climate Segment
Period of report
Nov 2, 2016
Accepted (ET)
Nov 3, 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 | Nov 2, 2016 | M | 9,733 | $32.43 | A | 135,532 | D | |
| Ordinary SharesF1 | Nov 2, 2016 | S | 9,733 | $67.51 | D | 125,799 | D | |
| Ordinary Shares | Nov 2, 2016 | M | 18,384 | $41.91 | A | 144,183 | D | |
| Ordinary SharesF1 | Nov 2, 2016 | S | 18,384 | $67.51 | D | 125,799 | D | |
| Ordinary SharesF2 | holding | — | — | — | 4 | 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)F3 | $32.43 | Nov 2, 2016 | M | 9,733 | D | — | Feb 23, 2022 | Ordinary Shares | 9,733 | 0 | D |
| Stock Option (Right to Buy)F4 | $41.91 | Nov 2, 2016 | M | 18,384 | D | — | Feb 21, 2023 | Ordinary Shares | 18,384 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades ranging from $67.50 to $67.56 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.
- F2Latest available information provided by the trustee of the Ingersoll-Rand Employee Savings Plan.
- F3The stock option vests in three (3) equal annual installments beginning on February 24, 2013.
- F4The stock option vests in three (3) equal annual installments beginning on February 22, 2014.