SEC Form 4 · accession 0001466258-17-000004
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
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 4:05 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 3, 2017 | M | 50,000 | $25.2192 | A | 215,877 | D | |
| Ordinary Shares | Jan 3, 2017 | M | 88,083 | $37.7116 | A | 303,960 | D | |
| Ordinary Shares | Jan 3, 2017 | M | 75,000 | $37.742 | A | 378,960 | D | |
| Ordinary SharesF1,F2 | Jan 3, 2017 | S | 50,000 | $75.6225 | D | 328,960 | D | |
| Ordinary SharesF1,F2 | Jan 3, 2017 | S | 88,083 | $75.6225 | D | 240,877 | D | |
| Ordinary SharesF1,F2 | Jan 3, 2017 | S | 75,000 | $75.6225 | D | 165,877 | D | |
| Ordinary SharesF3 | holding | — | — | — | 2,109 | I | By Plan Trustee | |
| Ordinary Shares (GRAT) | holding | — | — | — | 110,430 | 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)F4 | $25.2192 | Jan 3, 2017 | M | 50,000 | D | — | Feb 15, 2020 | Ordinary Shares | 50,000 | 0 | D |
| Stock Option (Right to Buy)F5 | $37.7116 | Jan 3, 2017 | M | 88,083 | D | — | Feb 13, 2021 | Ordinary Shares | 88,083 | 0 | D |
| Stock Option (Right to Buy)F5 | $37.742 | Jan 3, 2017 | M | 75,000 | D | — | Feb 13, 2021 | Ordinary Shares | 75,000 | 65,351 | D |
Explanation of responses
- F1Transaction executed pursuant to a Rule 10b5-1 Plan adopted by the reporting person on October 27, 2016.
- F2This transaction was executed in multiple trades ranging from $75.16 to $76.175 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 option vests in three (3) equal installments beginning on February 16, 2011.
- F5The stock option vests in three (3) annual installments beginning on February 14, 2012.