Trane Technologies plc — Director's Dealing 2011

Feb 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ingersoll-Rand plc (IR)
CIK: 0001466258
Period of Report: 2011-02-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-14	Ordinary Shares (Restricted Share Units)	A	9771	—	Acquired	33161	Direct
2011-02-14	2011-2013 Performance Share Units	A	19542	—	Acquired	19542	Direct
2011-02-14	Ordinary Shares (Restricted Share Units)	F	1472	—	Disposed	28786	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-14	Stock Option (Right to Buy)	$47.34	A	32457	Acquired	2021-02-13	Ordinary Shares (32457)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
2009 - 2010 Performance Share Units	44524	Direct
2009 - 2011 Performance Share Units	44524	Direct
2010 - 2012 Performance Share Units	29280	Direct
Ordinary Shares	58463	Direct
Ordinary Shares	3820.88	Indirect
Ordinary Shares (EDCP)	30519.89	Direct
Ordinary Shares (Deferred ISP)	17130.55	Direct

Footnotes

F1: Restricted Share Units vest in three (3) equal annual installments beginning on the first anniversary of the date of grant. Upon vesting, each unit is convertible into one (1) ordinary share of the Issuer.

F2: Represents target number of Performance Shares. The actual number of shares to be issued, which could range from zero 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 peer companies in the S&P 500 Industrial Index. The shares, if any, will be issued in the first quarter of 2014.

F3: Represents shares forfeited pursuant to a net settlement procedure for Restricted Share Units.

F4: 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.

F5: Represents target number of Performance Shares. The actual number of shares to be issued, which could range from zero 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 peer companies in the S&P 500 Industrial Index. The shares, if any, will be issued in the first quarter of 2011.

F6: Represents target number of Performance Shares. The actual number of shares to be issued, which could range from zero 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 peer companies in the S&P 500 Industrial Index. The shares, if any, will be issued in the first quarter of 2012.

F7: Represents target number of Performance Shares. The actual number of shares to be issued, which could range from zero 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 peer companies in the S&P 500 Industrial Index. The shares, if any, will be issued in the first quarter of 2013.

F8: Includes the ordinary shares acquired pursuant to the net settlement procedure for the vested Restricted Share Units (described in this filing).

F9: Latest available information provided by the trustee of the Ingersoll-Rand Employee Savings Plan.

F10: 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.

F11: 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.

F12: The stock option vests in three (3) equal annual installments beginning on February 14, 2012.