Michael A. Weatherred - 13 Feb 2023 Form 4 Insider Report for Ingersoll Rand Inc. (IR)

Role
Title: Senior Vice President - IR Execution Excellence (IRX) and Business Excellence
Signature
/s/ Andrew Schiesl, as Attorney-in-Fact
Issuer symbol
IR
Transactions as of
13 Feb 2023
Net transactions value
-$496,970
Form type
4
Filing time
15 Feb 2023, 17:38:28 UTC
Previous filing
10 Feb 2023
Next filing
23 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IR Common Stock Award $0 +25,188 +188% $0.000000 38,608 13 Feb 2023 Direct F1
transaction IR Common Stock Tax liability $496,970 -8,655 -22% $57.42 29,953 13 Feb 2023 Direct F2
* 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.

Remarks:

Title: Senior Vice President - IR Execution Excellence (IRX) and Business Excellence