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Trane Technologies plc Director's Dealing 2011

May 31, 2011

29886_dirs_2011-05-31_3d0be026-59e1-4782-90b4-e808748f547d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ingersoll-Rand plc (IR)
CIK: 0001466258
Period of Report: 2011-05-27

Reporting Person: Zafari Robert (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-27 Ordinary Shares M 4000 $20.90 Acquired 16399 Direct
2011-05-27 Ordinary Shares S 2306 $49.45 Disposed 14093 Direct
2011-05-27 Ordinary Shares F 1694 $49.33 Disposed 12399 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-27 Stock Appreciation Rights $20.90 M 4000 Disposed 2012-01-01 Ordinary Shares (4000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Ordinary Shares 1342.95 Indirect
2009 - 2011 Performance Share Units 9931 Direct
2010 - 2012 Performance Share Units 6331 Direct
2011 - 2013 Performance Share Units 8451 Direct
Ordinary Shares (Restricted Share Units) 8075 Direct

Footnotes

F1: Represents shares used to cover option cost pursuant to a net settlement procedure in connection with the exercise of stock-settled Stock Appreciation Rights.

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 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.

F3: 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 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.

F4: 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 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.

F5: 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.

F6: Stock Appreciation Rights, which have a ten-year term, became exercisable in three equal annual installments beginning on 01/02/2003.