SEC Form 4 · accession 0001466258-18-000210
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
Feb 22, 2018
Accepted (ET)
Jul 30, 2018 · 4:05 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 SharesF1 | Feb 22, 2018 | A | 221 | $90.31 | A | 11,897 | D | |
| Ordinary Shares | Jul 26, 2018 | M | 1,659 | $67.055 | A | 13,556 | D | |
| Ordinary Shares | Jul 26, 2018 | M | 3,402 | $50.0025 | A | 16,958 | D | |
| Ordinary Shares | Jul 26, 2018 | M | 3,743 | $80.205 | A | 20,701 | D | |
| Ordinary SharesF2 | Jul 26, 2018 | S | 8,804 | $98.43 | D | 11,897 | D | |
| Ordinary SharesF3 | holding | — | — | — | 13,682 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF4 | $67.055 | Jul 26, 2018 | M | 1,659 | D | — | Feb 2, 2025 | Ordinary Shares | 1,659 | 0 | D |
| Ordinary SharesF5 | $50.0025 | Jul 26, 2018 | M | 3,402 | D | — | Feb 9, 2026 | Ordinary Shares | 3,402 | 3,402 | D |
| Ordinary SharesF6 | $80.205 | Jul 26, 2018 | M | 3,743 | D | — | Feb 6, 2027 | Ordinary Shares | 3,743 | 7,486 | D |
Explanation of responses
- F1The transaction relates to the deferral of compensation by the reporting person into the Executive Deferred Compensation Plan.
- F2This transaction was executed in multiple trades ranging from $98.42 to $98.49 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) annual installments beginning on February 3, 2016.
- F5The option vests in three (3) annual installments beginning on February 10, 2017.
- F6The option vests in three (3) annual installments beginning on February 7, 2018.