Andrew R. Schiesl - 23 Feb 2023 Form 4 Insider Report for Ingersoll Rand Inc. (IR)

Role
Title: Senior Vice President, General Counsel, Chief Compliance Officer and Secretary
Signature
/s/ Andrew Schiesl
Issuer symbol
IR
Transactions as of
23 Feb 2023
Net transactions value
-$1,055,109
Form type
4
Filing time
27 Feb 2023, 17:04:13 UTC
Previous filing
24 Feb 2023
Next filing
08 Mar 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 Options Exercise +1,303 +1.6% 85,176 23 Feb 2023 Direct F1
transaction IR Common Stock Tax liability $33,287 -575 -0.68% $57.89 84,601 23 Feb 2023 Direct F2
transaction IR Common Stock Sale $1,021,822 -18,000 -21% $56.77 66,601 23 Feb 2023 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IR Restricted Stock Units Options Exercise $0 -1,303 -33% $0.000000 2,605 23 Feb 2023 Common Stock 1,303 Direct F1
transaction IR Restricted Stock Units Award $0 +4,966 $0.000000 4,966 23 Feb 2023 Common Stock 4,966 Direct F4
transaction IR Stock Options (Right to Buy) Award $0 +11,555 $0.000000 11,555 23 Feb 2023 Common Stock 11,555 $57.89 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units originally granted on February 23, 2021, which vest in four equal annual installments beginning on February 23, 2022, and upon vesting, will each be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.
F2 Represents shares withheld to pay taxes applicable to vesting of restricted stock units.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.76 to $56.82, inclusive. The Reporting Person undertakes to provide to Ingersoll Rand Inc., any security holder of Ingersoll Rand Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 These restricted stock units vest in four equal annual installments beginning February 23, 2024 and upon vesting, will each be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.
F5 These stock options vest in four equal annual installments beginning on February 23, 2024.

Remarks:

Title: Senior Vice President, General Counsel, Chief Compliance Officer and Secretary