MICHAEL W. LAMACH - 06 Jul 2021 Form 4 Insider Report for Trane Technologies plc (TT)

Role
Executive Chair, Director
Signature
/s/ Sara Walden Brown - Attorney-in-Fact
Issuer symbol
TT
Transactions as of
06 Jul 2021
Net transactions value
-$24,283,120
Form type
4
Filing time
07 Jul 2021, 16:03:20 UTC
Previous filing
15 Jun 2021
Next filing
02 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TT Ordinary Shares Options Exercise $14,986,352 +213,420 +163% $70.22 344,036 06 Jul 2021 Direct
transaction TT Ordinary Shares Sale $39,269,472 -213,420 -62% $184.00 130,616 06 Jul 2021 Direct F1, F2
holding TT Ordinary Shares 2,253 06 Jul 2021 By Plan Trustee F3
holding TT Ordinary Shares (Trust) 180,336 06 Jul 2021 By Revocable Trust

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 TT Stock Option (Right to Buy) Options Exercise $0 -213,420 -100% $0.000000* 0 06 Jul 2021 Ordinary Shares 213,420 $70.22 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction executed pursuant to a Rule 10b5-1 Plan adopted by the reporting person on June 7, 2021.
F2 This transaction was executed in multiple trades ranging from $183.08 to $188.41 per share. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F3 Latest available information provided by the trustee of the Trane Technologies Employee Savings Plan.
F4 The stock option vests in three (3) pro rata annual installments beginning on February 6, 2019.