SEC Form 4 · accession 0001466258-19-000002
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, 2019
Accepted (ET)
Jan 3, 2019 · 4:02 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, 2019 | M | 166,407 | $41.91 | A | 417,275 | D | |
| Ordinary SharesF1,F2 | Jan 2, 2019 | S | 166,407 | $90.3926 | D | 250,868 | D | |
| Ordinary SharesF3 | holding | — | — | — | 2,184 | 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)F4 | $41.91 | Jan 2, 2019 | M | 166,407 | D | — | Feb 21, 2023 | Ordinary Shares | 166,407 | 0 | D |
Explanation of responses
- F1Transaction executed pursuant to a Rule 10b5-1 Plan adopted by the reporting person on July 26, 2018.
- F2This transaction was executed in multiple trades ranging from $89.09 to $91.40 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 22, 2014.