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 | -9.19K | -33.33% | $0.00 | 18.4K | Feb 23, 2023 | Common Stock | 9.19K | Direct | F1 | |
transaction | IR | Restricted Stock Units | Award | $0 | +30.2K | $0.00 | 30.2K | Feb 23, 2023 | Common Stock | 30.2K | Direct | F4 | ||
transaction | IR | Stock Options (Right to Buy) | Award | $0 | +70.3K | $0.00 | 70.3K | Feb 23, 2023 | Common Stock | 70.3K | $57.89 | Direct | F5 | |
transaction | IR | Stock Options (Right to Buy) | Award | $0 | +100K | $0.00 | 100K | Feb 23, 2023 | Common Stock | 100K | $57.89 | Direct | F6 |
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 $57.00 to $57.09, 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. |
F6 | Reflects a performance-conditioned stock option grant, the performance of which was certified, and upon certification of the award, the Reporting Person was granted options to purchase 100,000 shares of common stock. The stock options vest on February 23, 2028, subject to the Reporting Person's continued employment through such date and acceleration of vesting in certain termination scenarios. |
F7 | Held in a trust for the benefit of the Reporting Person and his spouse. |
F8 | Held in a trust for the benefit of the Reporting Person's descendants. |
F9 | Held in a trust for the benefit of the Reporting Person's spouse and descendants. |
Title: President and Chief Executive Officer