Vicente Reynal - Feb 13, 2023 Form 4 Insider Report for Ingersoll Rand Inc. (IR)

Role
Title: President and Chief Executive Officer, Director
Signature
/s/ Andrew Schiesl, as Attorney-in-Fact
Stock symbol
IR
Transactions as of
Feb 13, 2023
Transactions value $
-$6,021,980
Form type
4
Date filed
2/15/2023, 05:38 PM
Previous filing
Feb 10, 2023
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IR Common Stock Award $0 +241K +355.78% $0.00 309K Feb 13, 2023 Direct F1
transaction IR Common Stock Tax liability -$6.02M -105K -33.96% $57.42 204K Feb 13, 2023 Direct F2
holding IR Common Stock 174K Feb 13, 2023 See footnote F3
holding IR Common Stock 75K Feb 13, 2023 See footnote F4
holding IR Common Stock 22.5K Feb 13, 2023 See footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 6, 2020, the Reporting Person was granted restricted stock units subject to performance-based vesting conditions. On February 13, 2023, these units were certified as meeting the performance threshold that resulted in vesting of 200% of the targeted number of restricted stock units and these restricted stock units, which were not previously reported, were deemed earned and vested immediately and settled into shares of common stock on a one-for-one basis.
F2 Represents shares withheld to pay taxes applicable to vesting of performance-based restricted stock units described herein.
F3 Held in a trust for the benefit of the Reporting Person and his spouse.
F4 Held in a trust for the benefit of the Reporting Person's descendants.
F5 Held in a trust for the benefit of the Reporting Person's spouse and descendants.

Remarks:

Title: President and Chief Executive Officer