Vikram Kini - Feb 20, 2024 Form 4 Insider Report for Ingersoll Rand Inc. (IR)

Role: Senior Vice President and CFO
Signature: /s/ Andrew Schiesl, as Attorney-in-Fact
Stock symbol: IR
Transactions as of: Feb 20, 2024
Transactions value $: -$780,920
Form type: 4
Date filed: 2/22/2024, 09:02 PM
Previous filing: Sep 8, 2023
Next filing: Feb 26, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IR	Common Stock	Award	$0	+24.1K	+50.36%	$0.00	72K	Feb 20, 2024	Direct	F1
transaction	IR	Common Stock	Tax liability	-$781K	-9K	-12.5%	$86.74	63K	Feb 20, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 23, 2021, the Reporting Person was granted restricted stock units subject to performance-based vesting conditions. On February 20, 2024, 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.

Content

On February 23, 2021, the Reporting Person was granted restricted stock units subject to performance-based vesting conditions. On February 20, 2024, 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.

Represents shares withheld to pay taxes applicable to vesting of performance-based restricted stock units described herein.