Vicente Reynal - 20 Feb 2024 Form 4 Insider Report for Ingersoll Rand Inc. (IR)

Role
Title: Chairman, President and Chief Executive Officer, Director
Signature
/s/ Andrew Schiesl, as Attorney-in-Fact
Issuer symbol
IR
Transactions as of
20 Feb 2024
Net transactions value
-$5,457,421
Form type
4
Filing time
22 Feb 2024, 21:02:49 UTC
Previous filing
18 Sep 2023
Next filing
26 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 Award $0 +146,994 +199% $0.000000 220,871 20 Feb 2024 Direct F1
transaction IR Common Stock Tax liability $5,457,421 -62,917 -28% $86.74 157,954 20 Feb 2024 Direct F2
transaction IR Common Stock Gift $0 -6,000 -3.9% $0.000000 147,802 20 Feb 2024 See footnote F3, F4
holding IR Common Stock 75,000 20 Feb 2024 See footnote F5
holding IR Common Stock 22,500 20 Feb 2024 See footnote F6
* 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.
F3 Reflects a charitable donation.
F4 Held in a trust for the benefit of the Reporting Person and his spouse.
F5 Held in a trust for the benefit of the Reporting Person's descendants.
F6 Held in a trust for the benefit of the Reporting Person's spouse and descendants.

Remarks:

Title: Chairman, President and Chief Executive Officer