Trane Technologies plc — Director's Dealing 2011

Mar 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ingersoll-Rand plc (IR)
CIK: 0001466258
Period of Report: 2011-02-28

Reporting Person: Zafari Robert (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-28	2009 - 2010 Performance Share Units	F	2636	—	Disposed	0	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
2009 - 2011 Performance Share Units	9931	Direct
2010 - 2012 Performance Share Units	6331	Direct
2011 - 2013 Performance Share Units	8451	Direct
Ordinary Shares	12399	Direct
Ordinary Shares (Restricted Share Units)	8075	Direct

Footnotes

F1: The actual number of vested Performance Shares were paid out as ordinary shares at approximately 0.8177 of the previously reported target number. Following this net settlement transaction, the resulting net shares are now held directly as ordinary shares by the Reporting Person.

F2: Represents shares forfeited pursuant to a net settlement procedure in connection with the vesting of Performance Share Units.

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 2012.

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 2013.

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 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.

F6: Includes the ordinary shares acquired pursuant to the net settlement procedure for the vested Performance Share Units (described in this filing).

F7: 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.