SEC Form 4 · accession 0001466258-19-000105
Trane Technologies plc · TT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marcia J Avedon
Officer — Senior Vice President
Period of report
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 4:04 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 | Feb 28, 2019 | M | 10,205 | $50.0025 | A | 114,083 | D | |
| Ordinary SharesF1,F2 | Feb 28, 2019 | S | 10,205 | $105.9479 | D | 103,878 | D | |
| Ordinary SharesF3 | Feb 28, 2019 | A | 24,000 | $0.00 | A | 127,878 | D | |
| Ordinary Shares | Feb 28, 2019 | F | 10,732 | $106.065 | D | 117,146 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF4 | $50.0025 | Feb 28, 2019 | M | 10,205 | D | — | Feb 9, 2026 | Ordinary Shares | 10,205 | 0 | D |
Explanation of responses
- F1Transaction executed pursuant to a Rule 10b5-1 Plan adopted by the reporting person on January 31, 2019
- F2This transaction was executed in multiple trades ranging from $105.60 to $106.33 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.
- F3Represents the vesting of performance share units for the 2016-2018 performance period.
- F4The option vests in three (3) equal installments beginning on February 10, 2017.