Gary E. Gillespie - 22 Feb 2023 Form 4 Insider Report for Ingersoll Rand Inc. (IR)

Role
Title: Vice President & General Manager-Industrial Technologies and Services, Americas
Signature
/s/ Andrew Schiesl, as Attorney-in-Fact
Issuer symbol
IR
Transactions as of
22 Feb 2023
Net transactions value
-$70,159
Form type
4
Filing time
24 Feb 2023, 20:19:12 UTC
Previous filing
23 Feb 2023
Next filing
27 Feb 2023
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 +1,755 +4.4% 41,295 22 Feb 2023 Direct F1
transaction IR Common Stock Options Exercise +1,000 +2.4% 42,295 22 Feb 2023 Direct F2
transaction IR Common Stock Tax liability $70,159 -1,221 -2.9% $57.46 41,074 22 Feb 2023 Direct 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 Restricted Stock Units Options Exercise $0 -1,755 -100% $0.000000* 0 22 Feb 2023 Common Stock 1,755 Direct F1
transaction IR Restricted Stock Units Options Exercise $0 -1,000 -25% $0.000000 3,002 22 Feb 2023 Common Stock 1,000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units originally granted on February 22, 2018, which vest in four equal annual installments beginning on February 22, 2020, 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 Represents restricted stock units originally granted on February 22, 2022, which vest in four equal annual installments beginning on February 22, 2023, and upon vesting, will each be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.
F3 Represents shares withheld to pay taxes applicable to vesting of restricted stock units.

Remarks:

Title: Vice President & General Manager-Industrial Technologies and Services, Americas