| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IR | Common Stock | Options Exercise | $2.55M | +240K | +260.99% | $10.61 | 332K | Feb 28, 2024 | Direct | |
| transaction | IR | Common Stock | Sale | -$21.6M | -240K | -72.3% | $90.16 | 92K | Feb 28, 2024 | Direct | F4, F6 |
| holding | IR | Common Stock | 148K | Feb 27, 2024 | See footnote | F7 | |||||
| holding | IR | Common Stock | 75K | Feb 27, 2024 | See footnote | F8 | |||||
| holding | IR | Common Stock | 22.5K | Feb 27, 2024 | See footnote | F9 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IR | Restricted Stock Units | Award | $0 | +20.7K | $0.00 | 20.7K | Feb 27, 2024 | Common Stock | 20.7K | Direct | F1 | ||
| transaction | IR | Stock Options (Right to Buy) | Award | $0 | +48.7K | $0.00 | 48.7K | Feb 27, 2024 | Common Stock | 48.7K | $90.38 | Direct | F2 | |
| transaction | IR | Stock Options (Right to Buy) | Award | $0 | +100K | $0.00 | 100K | Feb 27, 2024 | Common Stock | 100K | $90.38 | Direct | F3 | |
| transaction | IR | Stock Options (Right to Buy) | Options Exercise | $0 | -240K | -34.43% | $0.00 | 457K | Feb 28, 2024 | Common Stock | 240K | $10.61 | Direct | F5 |
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).
| Id | Content |
|---|---|
| F1 | These restricted stock units vest in four equal annual installments beginning February 27, 2025 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 | These stock options vest in four equal annual installments beginning on February 27, 2025. |
| F3 | 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 27, 2029, subject to the Reporting Person's continued employment through such date and acceleration of vesting in certain termination scenarios. |
| F4 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on November 7, 2023. |
| F5 | All of these stock options are currently vested. |
| F6 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.765 to $90.78, 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. |
| 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: Chairman, President and Chief Executive Officer