Gary E. Gillespie - Feb 13, 2023 Form 4 Insider Report for Ingersoll Rand Inc. (IR)

Role
Title: Vice President & General Manager-Industrial Technologies and Services, Americas
Signature
/s/ Andrew Schiesl, as Attorney-in-Fact
Stock symbol
IR
Transactions as of
Feb 13, 2023
Transactions value $
-$314,087
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 +18K +69.75% $0.00 43.8K Feb 13, 2023 Direct F1
transaction IR Common Stock Tax liability -$314K -5.47K -12.49% $57.42 38.3K Feb 13, 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: Vice President & General Manager-Industrial Technologies and Services, Americas