Vikram Kini - 06 Sep 2023 Form 4 Insider Report for Ingersoll Rand Inc. (IR)

Role
Senior Vice President and CFO
Signature
/s/ Andrew Schiesl, as Attorney-in-Fact
Issuer symbol
IR
Transactions as of
06 Sep 2023
Net transactions value
-$10,364,607
Form type
4
Filing time
08 Sep 2023, 18:00:14 UTC
Previous filing
05 Jul 2023
Next filing
22 Feb 2024
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 $1,380,288 +169,153 +353% $8.16* 217,070 06 Sep 2023 Direct
transaction IR Common Stock Sale $3,206,931 -46,464 -21% $69.02 170,606 06 Sep 2023 Direct F1, F2
transaction IR Common Stock Sale $8,537,964 -122,689 -72% $69.59 47,917 06 Sep 2023 Direct F1, 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 Stock Options (Right to Buy) Options Exercise $0 -169,153 -100% $0.000000* 0 06 Sep 2023 Common Stock 169,153 $8.16 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on June 6, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.250 to $69.245, 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 range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.250 to $70.030, 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 range set forth in this footnote.
F4 These stock options are fully vested and exercisable.