SEC Form 4 · accession 0001466258-18-000003
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 2, 2018
Accepted (ET)
Jan 4, 2018 · 4:03 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, 2018 | M | 65,351 | $37.742 | A | 271,653 | D | |
| Ordinary Shares | Jan 2, 2018 | M | 103,806 | $32.43 | A | 375,459 | D | |
| Ordinary Shares | Jan 2, 2018 | M | 41,351 | $32.46 | A | 416,810 | D | |
| Ordinary SharesF1,F2 | Jan 2, 2018 | S | 65,351 | $88.2817 | D | 351,459 | D | |
| Ordinary SharesF1,F2 | Jan 2, 2018 | S | 103,806 | $88.2817 | D | 247,653 | D | |
| Ordinary SharesF1,F2 | Jan 2, 2018 | S | 41,351 | $88.2817 | D | 206,302 | D | |
| Ordinary SharesF3 | holding | — | — | — | 2,138 | I | By Plan Trustee | |
| Ordinary Shares (GRAT) | holding | — | — | — | 82,372 | 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 | $37.742 | Jan 2, 2018 | M | 65,351 | D | — | Feb 13, 2021 | Ordinary Shares | 65,351 | 0 | D |
| Stock Option (Right to Buy)F5 | $32.43 | Jan 2, 2018 | M | 103,806 | D | — | Feb 23, 2022 | Ordinary Shares | 103,806 | 0 | D |
| Stock Option (Right to Buy)F5 | $32.46 | Jan 2, 2018 | M | 41,351 | D | — | Feb 23, 2022 | Ordinary Shares | 41,351 | 0 | D |
Explanation of responses
- F1Transaction executed pursuant to a Rule 10b5-1 Plan adopted by the reporting person on July 31, 2017.
- F2This transaction was executed in multiple trades ranging from $87.84 to $89.73 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 installments beginning on February 14, 2012.
- F5The stock option vests in three (3) equal installments beginning on February 24, 2013.