Trane Technologies plc — Director's Dealing 2010

Feb 18, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ingersoll-Rand plc (IR)
CIK: 0001466258
Period of Report: 2010-02-16

Reporting Person: SHAWLEY STEVEN R (Senior Vice President and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-16	Ordinary Shares (Restricted Share Units)	A	14640	$0.00	Acquired	23390	Direct
2010-02-16	2010 - 2012 Performance Share Units	A	29280	$0.00	Acquired	29280	Direct
2010-02-18	Ordinary Shares (EDCP II)	F	9675.13	$0.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-16	Stock Option (right to buy)	$31.59	A	41406	Acquired	2020-02-15	Ordinary Shares (41406)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	55560	Direct
Ordinary Shares (EDCP)	30292.83	Direct
2009 - 2010 Performance Share Units	44524	Direct
2009 - 2011 Performance Share Units	44524	Direct
Ordinary Shares	17012.03	Direct
Ordinary Shares	3633.33	Indirect

Footnotes

F1: Restricted Share Units vest in three equal annual installments beginning on the first anniversary of the date of grant.

F2: Represents target number of Performance Shares. The actual number of shares to be issued, which could range from 0 to two times the initial target amount, will depend upon, among other things, the issuer's financial performance during the relevant performance period relative to companies in the S&P 500 Industrial Index. The shares, if any, will be issued in February 2013.

F3: Represents vested units acquired or deferred under the IR Executive Deferred Compensation Plan II (the "EDCP II"). The units are to be converted on a one-for-one basis and settled in shares upon the reporting person's termination of employment with the issuer, or earlier or later upon certain elections.

F4: Represents shares forfeited pursuant to a net settlement procedure for shares distributed from the EDCP II.

F5: Amount reflects the reduction of the forfeited net settlement shares as well as the resulting net shares that are now directly held as ordinary shares by the Reporting Person.

F6: Includes shares acquired pursuant to a net settlement procedure for shares distributed from the EDCP II. Deferred distribution of stock grants previously included here are now disclosed as a separate item.

F7: Represents vested units acquired or deferred under the IR Executive Deferred Compensation Plan (the "EDCP"). The units are to be converted on a one-for-one basis and settled in shares upon the reporting person's termination of employment with the issuer, or earlier or later upon certain elections.

F8: Represents target number of Performance Shares. The actual number of shares to be issued, which could range from 0 to two times the initial target amount, will depend upon, among other things, the issuer's financial performance during the relevant performance period relative to companies in the S&P 500 Industrial Index. The shares, if any, will be issued in February 2011.

F9: Represents target number of Performance Shares. The actual number of shares to be issued, which could range from 0 to two times the initial target amount, will depend upon, among other things, the issuer's financial performance during the relevant performance period relative to companies in the S&P 500 Industrial Index. The shares, if any, will be issued in February 2012.

F10: Deferred distribution of stock grants awarded under the Company's Incentive Stock Plan. Deferred shares reflect any accrued dividends on such shares. These shares were previously included with the ordinary shares held by the Reporting Person.

F11: Latest available information provided by the trustee of the Ingersoll-Rand Employee Savings Plan.

F12: The options vest in three equal annual installments beginning on February 16, 2011.