SEC Form 4 · accession 0001466258-18-000128
Trane Technologies plc · TT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J Kuehn
Officer — VP/Chief Accounting Officer
Period of report
May 11, 2018
Accepted (ET)
May 15, 2018 · 4:04 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 | May 11, 2018 | M | 4,000 | $68.695 | A | 22,862 | D | |
| Ordinary Shares | May 11, 2018 | M | 2,700 | $50.0025 | A | 25,562 | D | |
| Ordinary SharesF1 | May 11, 2018 | S | 6,700 | $89.02 | D | 18,862 | D |
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)F2 | $68.695 | May 11, 2018 | M | 4,000 | D | — | Jun 3, 2025 | Ordinary Shares | 4,000 | 8,800 | D |
| Stock Option (Right to Buy)F3 | $50.0025 | May 11, 2018 | M | 2,700 | D | — | Feb 9, 2026 | Ordinary Shares | 2,700 | 8,142 | D |
Explanation of responses
- F1This transaction was executed in multiple trades ranging from $89.01 to $89.05 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.
- F2The stock option vests in three (3) annual installments beginning on June 4, 2016.
- F3The stock option vests in three (3) annual installments beginning on February 10, 2017.