0001345471-12-000061.txt : 20120620 0001345471-12-000061.hdr.sgml : 20120620 20120620171914 ACCESSION NUMBER: 0001345471-12-000061 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20120620 DATE AS OF CHANGE: 20120620 GROUP MEMBERS: CALIFORNIA STATE TEACHERS' RETIREMENT SYSTEM GROUP MEMBERS: EDWARD P. GARDEN GROUP MEMBERS: NELSON PELTZ GROUP MEMBERS: PETER W. MAY GROUP MEMBERS: TRIAN FUND MANAGEMENT GP LLC GROUP MEMBERS: TRIAN FUND MANAGEMENT L.P. GROUP MEMBERS: TRIAN PARTNERS L.P. GROUP MEMBERS: TRIAN PARTNERS MASTER FUND (ERISA) L.P. GROUP MEMBERS: TRIAN PARTNERS MASTER FUND L.P. GROUP MEMBERS: TRIAN PARTNERS PARALLEL FUND I L.P. GROUP MEMBERS: TRIAN PARTNERS STRATEGIC CO-INVESTMENT FUND-A L.P. GROUP MEMBERS: TRIAN PARTNERS STRATEGIC INVESTMENT FUND L.P. GROUP MEMBERS: TRIAN PARTNERS STRATEGIC INVESTMENT FUND-A L.P. GROUP MEMBERS: TRIAN SPV (SUB) VI L.P. GROUP MEMBERS: TRIAN SPV (SUB) VI-A L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Ingersoll-Rand plc CENTRAL INDEX KEY: 0001466258 STANDARD INDUSTRIAL CLASSIFICATION: AUTO CONTROLS FOR REGULATING RESIDENTIAL & COMML ENVIRONMENT [3822] IRS NUMBER: 000000000 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85034 FILM NUMBER: 12917946 BUSINESS ADDRESS: STREET 1: 170/175 LAKEVIEW DRIVE STREET 2: AIRSIDE BUSINESS PARK, SWORDS, CITY: CO. DUBLIN STATE: L2 ZIP: 00000 BUSINESS PHONE: 732-652-7000 MAIL ADDRESS: STREET 1: C/O INGERSOLL-RAND COMPANY STREET 2: ONE CENTENNIAL AVENUE CITY: PISCATAWAY STATE: NJ ZIP: 08855 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Trian Fund Management, L.P. CENTRAL INDEX KEY: 0001345471 IRS NUMBER: 203454182 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 280 PARK AVENUE STREET 2: 41ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-451-3000 MAIL ADDRESS: STREET 1: 280 PARK AVENUE STREET 2: 41ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 SC 13D/A 1 irandamend1.htm INGERSOLL-RAND PLC SCHEDULE 13D, AMENDMENT NO. 1 JUNE 18, 2012 irandamend1.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
SCHEDULE 13D
Under the Securities Exchange Act of 1934
 
(Amendment No. 1 )*
 
INGERSOLL-RAND PLC
(Name of Issuer)


Ordinary Shares, $1.00 par value
(Title of Class of Securities)


G47791101
(CUSIP Number)

Brian L. Schorr, Esq.
Trian Fund Management, L.P.
280 Park Avenue, 41st Floor
New York, New York 10017
Tel. No.:(212) 451-3000
Debra Smith
California State Teachers’ Retirement System
100 Waterfront Place, MS 04
West Sacramento, CA 95605
Tel. No.: (916) 414-7551
 
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

June 15, 2012
(Date of Event Which Requires Filing of this Statement)

 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ¨.
 
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See Rule 13d-7 for other parties to whom copies are to be sent.
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The Information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

 
 

 


 
1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Nelson Peltz
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[   ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
21,072,305
 
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
21,072,305
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
21,072,305
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[x]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.05%*
 
14
TYPE OF REPORTING PERSON
IN
 
_______
*Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2012 (the “Form 10-Q”).
 

 
 

 


 
1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Peter W. May
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
21,072,305
 
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
21,072,305
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,072,305
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[x]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.05%*
 
14
TYPE OF REPORTING PERSON
IN
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.

 
 

 


 
1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Edward P. Garden
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
21,072,305
 
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
21,072,305
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,072,305
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[x]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.05%*
 
14
TYPE OF REPORTING PERSON
IN
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.


 

 
 

 


 
1
NAME OF REPORTING PERSON
Trian Fund Management, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
20-3454182
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
21,072,305
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
21,072,305
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,072,305
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[x]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.05%*
 
14
TYPE OF REPORTING PERSON
PN
 
_______
*Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.

 
 

 


1
NAME OF REPORTING PERSON
Trian Fund Management GP, LLC
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
20-3454087
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
21,072,305
 
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
21,072,305
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,072,305
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[x]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.05%*
 
14
TYPE OF REPORTING PERSON
OO
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.


 
 

 


1
NAME OF REPORTING PERSON
Trian Partners Master Fund (ERISA), L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
98-0682467
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
199,908#
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
199,908#
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
199,908#
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[X]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.07%*
 
14
TYPE OF REPORTING PERSON
PN
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.
#  All 199,908 shares have been contributed to Trian IR Holdco Ltd., pursuant to a Contribution Agreement dated June 15, 2012, as described in Item 5 herein.
.

 
 

 


 
1
NAME OF REPORTING PERSON
Trian Partners, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
20-3453988
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
2,298,601#
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
2,298,601#
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,298,601#
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[X]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.77%*
 
14
TYPE OF REPORTING PERSON
PN
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.
#  1,750,352 of these shares have been contributed to Trian IR Holdco Ltd., pursuant to a Contribution Agreement dated June 15, 2012, as  described in Item 5 herein.


 
 

 


1
NAME OF REPORTING PERSON
Trian Partners Master Fund, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
98-0468601
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
6,670,589#
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
6,670,589#
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,670,589#
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[X]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.23%*
 
14
TYPE OF REPORTING PERSON
PN
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.
#  756,182 of these shares have been contributed to Trian IR Holdco Ltd., pursuant to a Contribution Agreement dated June 15, 2012, as  described in Item 5 herein.



 

 
 

 


1
NAME OF REPORTING PERSON
Trian Partners Parallel Fund I, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
20-3694154
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
335,832#
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
335,832#
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
335,832#
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[X]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.11%*
 
14
TYPE OF REPORTING PERSON
PN
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.
#  All 335,832 shares have been contributed to Trian IR Holdco Ltd., pursuant to a Contribution Agreement dated June 15, 2012, as described in Item 5 herein.



 
 

 


 
1
NAME OF REPORTING PERSON
Trian Partners Strategic Investment Fund-A, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
27-4180625
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
1,268,711
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
1,268,711
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,268,711
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[X]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.42%*
 
14
TYPE OF REPORTING PERSON
PN
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.


 
 

 

 

1
NAME OF REPORTING PERSON
Trian Partners Strategic Co-Investment Fund-A, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
36-4728074
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
1,178,550
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
1,178,550
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,178,550
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[X]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.39%*
 
14
TYPE OF REPORTING PERSON
PN
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.


 
 

 


1
NAME OF REPORTING PERSON
Trian Partners Strategic Investment Fund, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
37-1593120
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
2,958,664#
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
2,958,664#
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,958,664#
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[X]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.99%*
 
14
TYPE OF REPORTING PERSON
PN
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.
#  1,819,683 of these shares have been contributed to Trian IR Holdco Ltd., pursuant to a Contribution Agreement dated June 15, 2012, as described in Item 5 herein.


 
 

 

 

1
NAME OF REPORTING PERSON
Trian SPV (SUB) VI, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
98-0644507
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
1,460,000#
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
1,460,000#
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,460,000#
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[X]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.49%*
 
14
TYPE OF REPORTING PERSON
PN
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.
#  All 1,460,000 shares have been contributed to Trian IR Holdco Ltd., pursuant to a Contribution Agreement dated June 15, 2012, as described in Item 5 herein.



 
 

 


 

 
1
NAME OF REPORTING PERSON
Trian SPV (SUB) VI-A, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
98-1047700
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
4,701,450#
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
4,701,450#
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,701,450#
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[X]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.57%*
 
14
TYPE OF REPORTING PERSON
PN
 
_____________
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.
#  All 4,701,450 shares have been contributed to Trian IR Holdco Ltd., pursuant to a Contribution Agreement dated June 15, 2012, as described in Item 5 herein.



 
 

 

 

1
NAME OF REPORTING PERSON
Trian IR Holdco Ltd.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
98-1057630
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
OO
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
 
8
SHARED VOTING POWER
11,023,407#
 
9
SOLE DISPOSITIVE POWER
0
 
10
SHARED DISPOSITIVE POWER
11,023,407#
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,023,407#
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[X]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.69%*
 
14
TYPE OF REPORTING PERSON
OO
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.
#  These shares were received from other Reporting Persons pursuant to a Contribution Agreement dated June 15, 2012, as described in Item 5 herein.


 
 

 


 
 

1
NAME OF REPORTING PERSON
California State Teachers’ Retirement System
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
94-6291617
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   (a) [   ]
(b) [   ]
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
[  ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
California Government Pension Plan
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
753,348
 
8
SHARED VOTING POWER
0
 
9
SOLE DISPOSITIVE POWER
555,805
 
10
SHARED DISPOSITIVE POWER
197,543
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
753,348
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[X]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.25%*
 
14
TYPE OF REPORTING PERSON
EP
 
_______
* Calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Form 10-Q.

 
 

 

 
This Amendment No. 1 relates to Schedule 13D filed with the Securities and Exchange Commission on May 9, 2012  (the “Original Schedule 13D”) relating to the Ordinary Shares, $1.00 par value per share (the “Shares”), Ingersoll-Rand PLC, an Irish public limited company (the “Issuer”). The address of the principal executive office of the Issuer is 170/175 Lakeview Dr., Airside Business Park, Swords, Co. Dublin, Ireland.
 
Items 2,3,4,5,6 and 7 of the Original Schedule 13D are hereby amended and supplemented as follows:
 
Item 2. Identity and Background
 
Item 2 is amended by deleting Item 2 of the Original Schedule 13D and replacing it with the following:
 
The persons filing this statement are Trian Partners, L.P., a Delaware limited partnership (“Trian Onshore”), Trian Partners Master Fund, L.P., a Cayman Islands limited partnership (“Trian Offshore”), Trian Partners Parallel Fund I, L.P., a Delaware limited partnership (“Parallel Fund I”), Trian Partners Master Fund (ERISA) L.P., a Cayman Islands limited partnership, (“Trian ERISA”), Trian Partners Strategic Investment Fund, L.P., a Delaware limited partnership (“TPSIF”), Trian Partners Strategic Investment Fund-A, L.P., a Delaware limited partnership (“Strategic Fund-A”), Trian Partners Strategic Co-Investment Fund-A, L.P., a Delaware limited partnership  (“Coinvest Fund-A”), Trian SPV (SUB) VI, L.P., a Cayman Islands limited partnership (“SPV VI”), Trian SPV (SUB) VI-A, L.P., a Cayman Islands limited partnership (“SPV VI-A”), Trian IR Holdco Ltd., a Cayman Islands exempted company (“Holdco”),  Trian Fund Management, L.P., a Delaware limited partnership (“Trian Management”), and Trian Fund Management GP, LLC, a Delaware limited liability company (“Trian Management GP” and together with the foregoing, the “Trian Entities”), Nelson Peltz, a citizen of the United States of America, Peter W. May, a citizen of the United States of America, and Edward P. Garden, a citizen of the United States of America (the Trian Entities and Messrs. Peltz, May and Garden are sometimes hereinafter referred to collectively as the  “Trian Group”). The principal business address and the address of the principal office of each member of the Trian Group is 280 Park Avenue, 41st Floor, New York, New York 10017, except that the principal business address of Trian Offshore, Trian ERISA, SPV VI, SPV VI-A and Holdco is Gardenia Court, Suite 3307, 45 Market Street, Camana Bay, Grand Cayman, Cayman Islands, KY1-1103.
 
Trian Management GP is the general partner of Trian Management, which serves as the management company for Trian Onshore, Trian Offshore, Parallel Fund I, Trian ERISA, TPSIF, Strategic Fund-A, Coinvest Fund-A, SPV VI, SPV VI-A and Holdco.  Trian Management GP is controlled by Nelson Peltz, Peter W. May and Edward P. Garden, who therefore are in a position to determine the investment and voting decisions made by the Trian Entities.
 
Each of Trian Onshore, Trian Offshore, Parallel Fund I, Trian ERISA, TPSIF, Strategic Fund-A, Coinvest Fund-A, SPV VI, SPV VI-A and Holdco is primarily engaged in the business of investing in securities. Trian Management is primarily engaged in the business of serving as a management company for the Trian Entities.  Trian Management GP is primarily engaged in the business of serving as the general partner of Trian Management.
 
Nelson Peltz’s present principal occupation or employment is serving as Chief Executive Officer and a founding partner of Trian Management and, as such, managing the investments of Trian Onshore, Trian Offshore, Parallel Fund I, Trian ERISA, TPSIF, Strategic Fund-A, Coinvest Fund-A, SPV VI, SPV VI-A and Holdco and other funds, accounts and investment vehicles managed by Trian Management.  Peter W. May’s present principal occupation or employment is serving as President and a founding partner of Trian Management and, as such, managing the investments of Trian Onshore, Trian Offshore, Parallel Fund I, Trian ERISA, TPSIF, Strategic Fund-A, Coinvest Fund-A, SPV VI SPV VI-A and Holdco and other funds, accounts and investment vehicles managed by Trian Management.  Edward P. Garden’s present principal occupation or employment is serving as Chief Investment Officer and a founding partner of Trian Management and, as such, managing the investments of Trian Onshore, Trian Offshore, Parallel Fund I, Trian ERISA, TPSIF, Strategic Fund-A, Coinvest Fund-A, SPV VI SPV VI-A and Holdco and other funds, accounts and investment vehicles managed by Trian Management.
 
This Schedule 13D is also being filed by California State Teachers’ Retirement System, a California Government Employee Benefit Plan (“CalSTRS,” along with the Trian Group are sometimes hereinafter referred to collectively as the “Reporting Persons”).  The principal business of CalSTRS is to provide retirement related benefits and services to teachers in public schools and community colleges in California.  The principal business address for CalSTRS is 100 Waterfront Place, MS 04, West Sacramento, CA 95605.
 
CalSTRS and the Trian Group are filing this statement jointly due to CalSTRS’ investment in Coinvest Fund-A and CalSTRS beneficial ownership of the CalSTRS Shares (as defined in Item 5).
 
None of the Reporting Persons, nor any director, executive officer, general partner or controlling person of any of the Reporting Persons, has, during the past five years, (a) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), or (b) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting, or mandating activities subject to, Federal or State securities laws or a finding of any violation with respect to such laws.
 
Each of the Reporting Persons is responsible for the completeness and accuracy of the information concerning him or it contained herein, but is not responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
 
Item 3. Source and Amount of Funds or Other Consideration
 
Item 3 is amended by deleting Item 3 of the Original Schedule 13D and replacing it with the following:
 
As of 4:00 p.m., New York City time, on June 19, 2012, the aggregate purchase price of the 14,224,016 Shares (not including those Shares underlying any Options) purchased by the Reporting Persons collectively was $583,692,049.77 (including commissions).  In addition, as of such time and date, Trian Onshore, Trian Offshore and TPSIF beneficially owned, in the aggregate, an additional 7,601,637 Shares, which were acquired through a series of privately negotiated back-to-back call and put transactions with certain financial institutions (the “Options”) and as a result of which Trian Onshore, Trian Offshore and TPSIF are each subject to the same economic gain or loss as if they had purchased the underlying Shares.  As of June 19, 2012, these Options have an aggregate strike price of $307,465,414.86 (See Schedule A hereto for additional detail on the Options).  As set forth in Item 5, none of the other Reporting Persons directly own any Shares or Options.  The source of funding for the purchase of the Shares was, and the source of funding for the purchase of any additional Shares and Options, the exercise of the Options or the purchase and/or exercise of any additional Options or other derivative securities related to the market price of the Shares acquired in the future is currently expected to be, the respective general working capital of the purchasers.
 
Item 4. Purpose of Transaction
 
Item 4 of the Original Schedule 13D is hereby amended and supplemented by adding the following:

Since the May 9, 2012 filing of the Schedule 13D, the Trian Group has met with and had conversations with Michael W. Lamach, chairman and chief executive officer of the Issuer, other members of the Issuer’s Board of Directors and senior management team and certain of the Issuer’s financial and other advisers, about the matters described in the first paragraph of Item 4 of the Original Schedule 13D.  During the discussions, the Issuer extended an unsolicited invitation to Trian Management’s Chief Executive Officer and founding partner, Nelson Peltz, to join the Issuer's Board of Directors without requiring the Trian Group to be subject to any standstill or other restrictions. The Trian Group believes that it would be beneficial to the Issuer and its shareholders for the Trian Group to suggest additional directors; however, after deliberation the Trian Group advised the Issuer that it agreed to accept its invitation to have Mr. Peltz join the Board of Directors, at which time the Issuer advised the Trian Group that such invitation was going to be subject to the Trian Group agreeing not to requisition an extraordinary general meeting of shareholders (“EGM”) until after the Issuer's 2013 Annual Meeting  (June 2013) and certain other restrictions. The Trian Group advised the Issuer, as it had made clear during earlier conversations, that given the standstill and other restrictions, it would not accept the Issuer’s offer to have Mr. Peltz join the Board of Directors.

The Reporting Persons expect to further communicate and engage in discussions with some or all of the following: management, the Board, other stockholders of the Issuer, industry participants and/or other interested or relevant parties about the Issuer and about various other matters, including the Trian Group having representation on the Board of Directors of the Issuer and the operations, business, management, governance, strategic plans, assets and capital structure of the Issuer, which discussions may include proposing or considering  one or more of the actions described in subparagraphs (a)-(j) of Item 4 of Schedule 13D, such as requisitioning an EGM and/or nominating or proposing candidates for election or appointment to the Board of Directors of the Issuer.  In addition, the Reporting Persons intend to review their investment in the Issuer on a continuing basis. Depending on various factors including, without limitation, the Issuer’s financial position, results and strategic direction, price levels of the Shares, the Issuer’s response to the matters to be discussed with the Reporting Persons, actions taken by management and the Board of Directors of the Issuer, other investment opportunities available to the Reporting Persons, the adjustment and management of positions in portfolios of the Reporting Persons, conditions in the securities and capital markets, and general economic and industry conditions, the Reporting Persons may, from time to time and at any time, in the future take such actions with respect to their investment in the Issuer as they deem appropriate including, but not limited to:  requisitioning an EGM and/or nominating or proposing candidates for election or appointment to the Board of Directors of the Issuer; purchasing additional securities of the Issuer in the open market or otherwise; selling some or all of the Reporting Persons’ respective holdings in the Issuer in the open market or otherwise, at any time and from time to time;  entering into financial instruments or other agreements that increase or decrease the Reporting Persons’ economic exposure with respect to their investment in the Issuer; and/or engaging in any hedging or similar transactions with respect to such holdings; and/or otherwise changing their intention with respect to any and all matters referred to in Item 4 of Schedule 13D.

Item 5. Interest in Securities of the Issuer
 
Item 5 is amended by deleting Item 5 of the Original Schedule 13D and replacing it with the following:
 
(a) As of 4:00 pm, New York City time, on June 19, 2012, the Reporting Persons beneficially owned, in the aggregate, 21,825,653 Shares, representing approximately 7.31% of the Issuer’s outstanding Shares (calculated based on 298,724,314 ordinary shares outstanding as of April 13, 2012, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2012 (the “Form 10-Q”)).  Such Shares include an aggregate of 14,224,016 Shares beneficially owned by the Reporting Persons through direct ownership of the Shares representing approximately 4.76% of the Issuer’s outstanding Shares, and an additional 7,601,637 Shares underlying the Options that are held by Trian Onshore, Trian Offshore and TPSIF representing approximately 2.54% of the Issuer’s outstanding Shares.

(b) Pursuant to a Contribution Agreement dated June 15, 2012 (the “Contribution Agreement”) attached hereto as Exhibit 2, Trian Onshore, Trian Offshore, Parallel Fund I, Trian ERISA, TPSIF, SPV VI and SPV VI-A contributed 1,750,352; 756,182;  335,832; 199,908; 1,819,683; 1,460,000 and 4,701,450 Shares, respectively, that they beneficially and directly owned to Holdco in exchange for their proportionate share of equity securities in Holdco.  As such, Holdco may be deemed to have shared voting power and dispositive power with regard to, and therefore may be deemed to beneficially own (as that term is defined in Rule 13d-3), the Shares that Trian Onshore, Trian Offshore, Parallel Fund I, Trian ERISA, TPSIF, SPV VI and SPV VI-A contributed to it pursuant to the Contribution Agreement.  Strategic Fund-A and Coinvest Fund-A continue to beneficially and directly own and have sole voting power and sole dispositive power of 1,268,711 and 1,178,550 Shares, respectively, and each of Trian Onshore, Trian Offshore and TPSIF continue to directly and beneficially own 548,249, 5,914,407 and 1,138,981 Shares, respectively, underlying the Options held by each such entity.   To the extent that other Reporting Persons may be deemed to have shared voting power and shared dispositive power with regard to any of these Shares, such information is set forth below.
 
Each of Trian Management, Trian Management GP, Nelson Peltz, Peter W. May and Edward P. Garden, by virtue of their relationships to Trian Onshore, Trian Offshore, Parallel Fund I, Trian ERISA, TPSIF, Strategic Fund-A, Coinvest Fund-A, SPV VI, SPV VI-A and Holdco (discussed in Item 2), may be deemed to have shared voting power and shared dispositive power with regard to, and therefore may be deemed to beneficially own (as that term is defined in Rule 13d-3), the Shares (including Shares underlying the Options) that Trian Onshore, Trian Offshore, Parallel Fund I, Trian ERISA, TPSIF, Strategic Fund-A, Coinvest Fund-A, SPV VI,  SPV VI-A and Holdco directly and beneficially own.  Each of Trian Management, Trian Management GP, Nelson Peltz, Peter W. May and Edward P. Garden disclaims beneficial ownership of such Shares for all other purposes.
 
CalSTRS has the sole power to vote or direct the vote of 753,348 Shares (the “CalSTRS Shares”) and the sole power to dispose of or direct the disposition of 555,805 of the CalSTRS Shares.  With respect to the other 197,543 CalSTRS Shares, the power to dispose or to direct the disposition of such Shares is shared with certain of its external managers, as follows: (i) 104,616 CalSTRS Shares with BlackRock Institutional Trust Company, N.A, and (ii) 92,927 CalSTRS Shares with State Street Bank and Trust Company.

CalSTRS has been informed by BlackRock Institutional Trust Company, N.A. (“BlackRock”) that its principal business is to provide diversified investment management and securities lending services to institutional clients, intermediary and individual investors through various investment vehicles and that its business address is 400 Howard Street, San Francisco, CA 94105. In addition, BlackRock has further informed CalSTRS that on March 8, 2012, BlackRock entered into an Offer of Settlement (the "Agreement") with the CFTC and consented to the entry of an Order, which makes findings and imposes remedial sanctions against BlackRock.  Without admitting or denying wrongdoing, BlackRock agreed to the imposition of a $250,000 penalty and the entry of the Order to resolve allegations by the CFTC that two trades by BlackRock violated Section 4c(a)(1) of the Commodity Exchange Act and CFTC Regulation 1.38(a).   Blackrock also agreed to refrain from any further violations of the above-mentioned statutory provisions.  The CFTC did not allege, nor find, that any clients of BlackRock or any related affiliate were harmed in any way.  Other than the Agreement, during the last five years, BlackRock has not been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) a party to any other civil proceeding of a judicial or administrative body of competent jurisdiction, and as a result of such proceeding, was or is the subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

CalSTRS has been informed by State Street Bank and Trust Company that its principal business is to provide a broad range of financial products and services to institutional investors worldwide, including its transition management services.  Its principal business address is 1 Lincoln Street, Boston, MA 02111.  CalSTRS has been further informed by State Street Bank and Trust Company that on February 4, 2010, the U.S. Securities and Exchange Commission issued an administrative order in which it ordered State Street to cease and desist from committing or causing any violations, and any future violations of Section 17(a)(2) and Section 17(a)(3) of the Securities Act of 1933.  The order was entered in connection with the resolution of the SEC’s investigation into losses incurred by and disclosures made around certain active fixed-income strategies managed by State Street Global Advisors (SSgA) during 2007 and earlier periods.  In reaching these settlements, State Street neither admitted nor denied the allegations made by the SEC. Other than the Order, during the last five years, State Street Bank and Trust Company has not been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) a party to any other civil proceeding of a judicial or administrative body of competent jurisdiction, and as a result of such proceeding, was or is the subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
 
 The Trian Group does not have the right to vote or dispose of any of the CalSTRS Shares, nor is any member of the Trian Group a party to any contracts, arrangements or understandings with respect to such Shares.  As a result, each member of the Trian Group disclaims beneficial ownership of the CalSTRS Shares for all purposes.
 
(c) Schedule A hereto (which is incorporated by reference in this Item 5 as if restated in full herein) sets forth all transactions with respect to the Shares effected since May 8, 2012, by any of the Reporting Persons, inclusive of the transactions effected through 4:00 pm, New York City time, on June 19, 2012.
 
(d) No person other than the Trian Group is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by the Trian Group.  Except with respect to the 197,543 CalSTRS Shares it beneficially owned in accounts managed by external managers as disclosed in (b) above, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares covered by this statement beneficially owned by CalSTRS.
 
Item 6. Contracts, Arrangements, Understandings or Relationship with Respect to Securities of the Issuer

Item 6 of the Original Schedule 13D is hereby amended and supplemented by adding the following:
 
As more fully described in Item 5(b), certain of the Trian Entities entered into the Contribution Agreement whereby on June 15, 2012, such Trian Entities contributed some or all of the Shares beneficially and directly owned by them to Holdco in exchange for their proportionate share of the equity securities of Holdco. The foregoing description of the Contribution Agreement is a summary only and is qualified in its entirety by reference to the Contribution Agreement, which is filed as Exhibit 2 hereto and incorporated herein by reference.
 
Item 7. Material to be Filed as Exhibits
 
Item 7 is of the Original Schedule 13D is hereby amended and supplemented as follows:
 
1.  Joint Filing Agreement of the Reporting Person.
2.  Contribution Agreement dated June 15, 2012 by and between Trian IR Holdco Ltd. and certain Trian Entities.
 
 
 
 
 

 
 
 
SIGNATURE
 
After reasonable inquiry and to the best of each of the undersigned knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
 

Dated: June 20, 2012
 
TRIAN FUND MANAGEMENT, L.P.
By:                 Trian Fund Management GP, LLC, its
                general partner
 
 
By:                 ­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Member
 
 
TRIAN FUND MANAGEMENT GP, LLC
 
 
By:                 ­­­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Member
 
 
TRIAN PARTNERS, L.P.
By:             Trian Partners GP, L.P., its general partner
By:             Trian Partners General Partner, LLC,
            its general partner
 
 
By:               ­­/s/ EDWARD P.GARDEN
Name: Edward P. Garden
Title:   Member
 
 
 
TRIAN PARTNERS MASTER FUND, L.P.
By:             Trian Partners GP, L.P., its general partner
By:             Trian Partners General Partner, LLC,
            its general partner
 
 
By:               ­­­­/s/ EDWARD P.GARDEN
Name:  Edward P. Garden
Title:    Member
 
 
TRIAN PARTNERS MASTER FUND (ERISA) L.P.
By:               Trian Partners (ERISA) GP, L.P.,
                      its general partner
By:               Trian Partners (ERISA) General Partner, LLC,
                      its general partner
 
By:                 ­­/s/ EDWARD P.GARDEN
Name:   Edward P. Garden
Title:     Member
 
 
 
TRIAN PARTNERS PARALLEL FUND I, L.P.
By:                 Trian Partners Parallel Fund I
                       General Partner, LLC, its general partner
 
 
By:                ­­/s/ EDWARD P.GARDEN
        Name:   Edward P. Garden
Title:     Member
 
 
 
TRIAN SPV (SUB) VI, L.P.
By:                Trian Partners SPV VI GP, L.P.,
                       its general partner
By:                Trian Partners SPV VI General Partner, LLC,
                       its general partner
 
 
By:                 ­­­­/s/ EDWARD P.GARDEN
Name:   Edward P. Garden
Title:     Member
 
 
 
 
TRIAN SPV (SUB) VI-A, L.P.
By:                 Trian Partners SPV VI-A GP, L.P.,
                        its general partner
By:                 Trian Partners SPV VI-A General Partner, LLC,
                        its general partner
 
 
By:                 ­­­­/s/ EDWARD P.GARDEN
Name:   Edward P. Garden
Title:     Member
 
 
 
 
 
 
TRIAN PARTNERS STRATEGIC INVESTMENT FUND-A, L.P.
By:               Trian Partners Strategic Investment Fund-A GP,
                      L.P., its general partner
By:               Trian Partners Strategic Investment Fund-A
                      General Partner LLC., its general partner
 
 
By:                 ­­­­/s/ EDWARD P.GARDEN
        Name:   Edward P. Garden
Title:     Member
 
 
 
 
TRIAN PARTNERS STRATEGIC CO-INVESTMENT FUND–A, L.P.
By:              Trian Partners Strategic Co-Investment
                    Fund-A  GP, L.P. its general partner
 
By:             Trian Partners Strategic Co-Investment Fund-A
                   General Partner, LLC., its general partner
 
 
By:              ­­­­/s/ EDWARD P.GARDEN
Name: Edward P. Garden
Title:   Member
 

 
TRIAN PARTNERS STRATEGIC INVESTMENT FUND, L.P.
By:             Trian Partners Strategic Investment
                   Fund GP, L.P., its general partner
By:             Trian Partners Strategic Investment
                   Fund General Partner, LLC,
           its general partner
 
 
By:                 ­­­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Member
 
 
TRIAN IR HOLDCO LTD.
 
By:                 ­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Director
 
 
/s/ NELSON PELTZ
NELSON PELTZ
 
 
/s/ PETER W. MAY
PETER W. MAY
 
 
 
 
­­/s/ EDWARD P.GARDEN
EDWARD P. GARDEN
 
 
 
 
 
CALIFORNIA STATE TEACHERS' RETIREMENT SYSTEM
 
 
By:                 ­­/s/ STEVEN TONG
Name:    Steven Tong
Title:      Director, Innovation & Risk


                  

 
 

 
Schedule A

The following table sets forth all transactions with respect to the Shares affected since May 8, 2012, by any of the Reporting Persons, inclusive of any transactions effected through 4:00 p.m., New York City time, on June 19, 2012.  Except as otherwise noted, all such transactions in the table were effected in the open market, and the table includes commissions paid in per share prices.

                        Name
 
Date
 
 Shares
 
Price
 
Type
               
                 
CALSTRS
 
5/08/2012
 
2,104
 
42.289
 
Sale
CALSTRS
 
5/17/2012
 
712
 
40.680
 
Purchase
CALSTRS
 
5/17/2012
 
17,273
 
41.197
 
Sale
CALSTRS
 
5/21/2012
 
1,875
 
40.755
 
Purchase
CALSTRS
 
5/21/2012
 
1,200
 
41.580
 
Purchase
CALSTRS
 
5/21/2012
 
2,900
 
41.445
 
Purchase
CALSTRS
 
5/22/2012
 
422
 
41.792
 
Purchase
CALSTRS
 
5/22/2012
 
400
 
41.800
 
Purchase
CALSTRS
 
5/22/2012
 
5,900
 
42.047
 
Purchase
CALSTRS
 
5/24/2012
 
500
 
42.660
 
Purchase
CALSTRS
 
5/29/2012
 
900
 
42.910
 
Purchase
CALSTRS
 
5/30/2012
 
4,312
 
41.758
 
Sale
CALSTRS
 
5/30/2012
 
8,625
 
41.777
 
Sale
CALSTRS
 
5/31/2012
 
719
 
41.312
 
Purchase
CALSTRS
 
5/31/2012
 
266
 
41.312
 
Purchase
CALSTRS
 
5/31/2012
 
900
 
41.308
 
Purchase
CALSTRS
 
5/31/2012
 
100
 
41.308
 
Purchase
CALSTRS
 
6/04/2012
 
6,784
 
39.120
 
Purchase
CALSTRS
 
6/04/2012
 
6,832
 
39.111
 
Purchase
CALSTRS
 
6/13/2012
 
700
 
39.670
 
Purchase
CALSTRS
 
6/13/2012
 
4,400
 
39.650
 
Sale
CALSTRS
 
6/13/2012
 
7,400
 
39.650
 
Sale
CALSTRS
    6/14/2012     46,749   39.132   Sale







 
 

 


Exhibit 1
 
JOINT FILING AGREEMENT
 
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Ordinary Shares of Ingersoll-Rand PLC. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement this 20th day of June, 2012.
 

 
TRIAN FUND MANAGEMENT, L.P.
By:                 Trian Fund Management GP, LLC, its
                general partner
 
 
By:                 ­­/s/ EDWARD P.GARDEN
Name:   Edward P. Garden
Title:     Member
 
 
 
 
TRIAN FUND MANAGEMENT GP, LLC
 
 
By:                 ­­/s/ EDWARD P.GARDEN
Name:   Edward P. Garden
Title:     Member
 
 
 
TRIAN PARTNERS, L.P.
By:             Trian Partners GP, L.P., its general partner
By:             Trian Partners General Partner, LLC,
            its general partner
 
 
By:                 ­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Member
 
 
 
 
TRIAN PARTNERS MASTER FUND, L.P.
By:             Trian Partners GP, L.P., its general partner
By:             Trian Partners General Partner, LLC,
            its general partner
 
 
By:                 ­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Member
 
 
 
 
 
 

 
 
TRIAN PARTNERS MASTER FUND (ERISA) L.P.
By:                 Trian Partners (ERISA) GP, L.P.,
                        its general partner
By:                 Trian Partners (ERISA) General Partner, LLC,
                        its general partner
 
 
By:                 ­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Member
 
 
TRIAN PARTNERS PARALLEL FUND I, L.P.
By:                 Trian Partners Parallel Fund I
                       General Partner, LLC, its general partner
 
 
By:                 ­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Member
 
 
TRIAN SPV (SUB) VI, L.P.
By:                 Trian Partners SPV VI GP, L.P.,
                        its general partner
By:                 Trian Partners SPV VI General Partner, LLC,
                        its general partner
 
 
By:                 ­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Member
 
 
TRIAN SPV (SUB) VI-A, L.P.
By:                 Trian Partners SPV VI-A GP, L.P.,
                        its general partner
By:                 Trian Partners SPV VI-A General Partner, LLC,
                        its general partner
 
 
By:                 ­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Member
 
 
 
TRIAN PARTNERS STRATEGIC INVESTMENT FUND-A, L.P.
By:                Trian Partners Strategic Investment Fund-A GP,
                       L.P., its general partner
By:                Trian Partners Strategic Investment Fund-A General
                      Partner LLC., its general partner
 
By:                 ­­­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Member
 
 
 
 
 
 
 
 
 
TRIAN PARTNERS STRATEGIC CO-INVESTMENT FUND–A, L.P.
 
By:                Trian Partners Strategic Co-Investment
                      Fund-A  GP, L.P.  its general partner
By:               Trian Partners Strategic Co-Investment Fund-A
                      General Partner, LLC., its general partner
 
 
By:                 ­­­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Member
 

 
TRIAN PARTNERS STRATEGIC INVESTMENT FUND, L.P.
By:             Trian Partners Strategic Investment
                    Fund GP, L.P., its general partner
By:             Trian Partners Strategic Investment
                   Fund General Partner, LLC, its general partner
 
 
By:                 ­­­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Member
 
 
TRIAN IR HOLDCO LTD.
 
By:                 ­­/s/ EDWARD P.GARDEN
Name:    Edward P. Garden
Title:      Director
 
 
/s/ NELSON PELTZ
NELSON PELTZ
 
 
 
/s/ PETER W. MAY
PETER W. MAY
 
 
 
­­/s/ EDWARD P.GARDEN
EDWARD P. GARDEN
 
 
CALIFORNIA STATE TEACHERS' RETIREMENT SYSTEM
 
 
By:                 ­­/s/ STEVEN TONG
Name:    Steven Tong
Title:      Director, Innovation & Risk

 
 

 

Exhibit 2


THE CONTRIBUTION AGREEMENT










EX-2 2 contributionagreement.htm CONTRIBUTION AGREEMENT DATED JUNE 15, 2012 contributionagreement.htm

CONTRIBUTION AGREEMENT
 
This CONTRIBUTION AGREEMENT, dated as of June 15, 2012 (this "Agreement"), is made by and between Trian Partners Master Fund, L.P., a Cayman Islands exempted limited partnership, Trian Partners Master Fund (ERISA), L.P., a Cayman Islands exempted limited partnership, Trian Partners L.P., a Delaware limited partnership, Trian Partners Parallel Fund I, L.P., a Delaware limited partnership, Trian Partners Strategic Investment Fund, L.P., a Delaware limited partnership, Trian SPV (SUB) VI, L.P., a Cayman Islands limited partnership and Trian SPV (SUB) VI-A, L.P., a Cayman Islands limited partnership (each, a "Fund" and collectively, the "Funds") and Trian IR Holdco Ltd., a Cayman Islands exempted company ("Holdco").  The Funds and Holdco are referred to collectively herein as the "Parties".
 
RECITALS
 
WHEREAS, each Fund wishes to transfer and assign to Holdco all such Fund's rights, title, interests, duties, obligations and liabilities with respect to the Contributed Assets (as defined in Section 1), and Holdco wishes to acquire and assume from each Fund, all of such Fund's rights, title, interests, duties, obligations and liabilities with respect to the Contributed Assets; and
 
WHEREAS, as consideration for the Contributed Assets, Holdco wishes to issue to each Fund non-voting shares of Holdco in accordance with the Amended and Restated Articles of Association of Holdco (the "Articles").
 
AGREEMENT
 
In consideration of the mutual covenants and agreements contained herein, the Funds and Holdco agree as follows:
 
1. Contribution to Holdco.  Each Fund hereby contributes to Holdco, effective as of the close of business on June 15, 2012 (the "Effective Date"), without recourse to or representation or warranty whatsoever by such Fund, any and all rights, title, interests, duties, obligations and liabilities of such Fund with respect to the Contributed Assets.  The "Contributed Assets" means the securities and assets held by each Fund that are listed on Schedule A attached hereto.  Holdco hereby accepts the Contributed Assets and assumes all of each Fund's rights, title, interests, duties, obligations and liabilities (whether arising before or after the Effective Date) with respect to the Contributed Assets.  Each Fund shall take all necessary actions to consummate the transfers contemplated hereunder including all steps required in order to vest legal title to the Contributed Assets in Holdco.
 
2. Issuance of Shares in Holdco.  Holdco shall issue to each Fund, in accordance with the Articles, non-voting shares of Holdco having a net asset value equal to the net asset value of the Contributed Assets as determined by each Fund and Holdco in consultation with Trian Fund Management, L.P., a Delaware limited partnership and Trian IR Holdco LLC, a Delaware limited liability company.
 
3. Limitation on Contribution.
 
(a) Notwithstanding anything to the contrary in this Agreement, each Fund may contribute to Holdco a Contributed Asset only if such contribution (i) would not constitute a violation of law and (ii) would not constitute a breach or other contravention of any credit agreements, promissory notes, guarantees, security documents, assignments, participations and other instruments and agreements related to such Contributed Asset or in any way adversely affect the rights of such Fund or Holdco with respect to such Contributed Asset.
 
(b) If, as of the Effective Date, any Contributed Assets are not contributed to Holdco pursuant to the terms of Section 1 because third-party consent is required for such contribution, Holdco and the applicable Funds will use their reasonable best efforts to obtain the consent of any third party necessary for the contribution of such Contributed Assets from such Funds to Holdco.  In addition, during such time as such third-party consents have not been obtained or such assignment or attempted assignment would constitute a violation of any law, Holdco and any such Funds shall execute a participation agreement, effective as of the Effective Date (the "Participation Agreement"), pursuant to which Holdco will obtain the benefits and perform and discharge the obligations with respect to the Contributed Assets which have not been transferred and under which such Funds will enforce for the benefit of Holdco, with Holdco being responsible for the performance and discharge of the applicable Funds' obligations, and any and all rights of such Funds against a third party.
 
4. Representations and Warranties of the Parties.  Each Party to this Agreement represents and warrants to the other Party that:
 
(a) Such Party is duly organized, in good standing and validly existing under the laws of the jurisdiction where it is presently organized.  Such Party has the full power and authority to execute, deliver and perform its obligations under this Agreement, including all documents executed in connection herewith.
 
(b) This Agreement has been duly and validly authorized, executed and delivered by such Party, and is legal, valid, binding and enforceable against such Party in accordance with its terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors' rights generally or by equitable principles relating to enforceability.
 
(c) The making and performance by such Party of this Agreement does not and will not violate any law or regulation applicable to it.
 
5. Estate of the Funds.  It is the intention of each Fund and Holdco that by contributing the Contributed Assets to Holdco, such Fund shall have conveyed good title thereto, and that no such Contributed Asset shall be part of such Fund's estate in the event of the filing of a bankruptcy petition by or against such Fund under any bankruptcy or similar law.
 
6. Contributed Assets Proceeds.  If any Fund receives or collects a payment or prepayment of interest, principal or other proceeds (the "Proceeds") derived from ownership of a Contributed Asset that has been contributed to Holdco pursuant to this Agreement, which have accrued on or after the Effective Date, such Fund will promptly pay to Holdco such payment of Proceeds.
 
7. Headings.  The titles of the headings of the Sections of this Agreement are for convenience of reference only, and are not to be considered in construing the terms and provisions of this Agreement.  References to "Section" in this Agreement shall be deemed to refer to the indicated Section of this Agreement, unless the context clearly indicates otherwise.
 
8. Choice of Law.  This Agreement, and any and all actions or controversies arising out of this Agreement, including, without limitation, tort claims, shall be governed by, construed and enforced in accordance with the internal laws of the State of New York, without regard to the choice of law principles thereof, other than Section 5-1401 of the New York General Obligations Law.
 
9. Counterparts.  Counterparts may be executed through the use of separate signature pages or in any number of counterparts with the same effect as if the Parties executing such counterparts had all executed one counterpart.
 
10. Amendments.  This Agreement may be amended in a writing and signed by each of the Parties hereto.
 
11. Successors and Assigns.  This Agreement and the rights and benefits hereof shall inure to the benefit of each of the Parties hereto and their respective successors and permitted assigns.
 
[Remainder of Page Intentionally Left Blank; Signature Page Follows]
 

 
 

 

IN WITNESS WHEREOF, the Parties hereto have executed this Agreement by their duly authorized signatories as of the date above first written.
 


 
TRIAN PARTNERS, L.P.
   
 
By:
Trian Partners GP, L.P.,
its general partner
     
 
By:
Trian Partners General Partner, LLC,
its general partner
       
   
By:      ­­/s/ EDWARD P.GARDEN
    Name: Edward P. Garden
    Title:   Member
       
       
       
 
TRIAN PARTNERS MASTER FUND, L.P.
   
 
By:
Trian Partners GP, L.P.,
its general partner
     
 
By:
Trian Partners General Partner, LLC,
its general partner
       
   
By:        ­­/s/ EDWARD P.GARDEN
    Name:  Edward P. Garden
    Title:    Member
       
       
       
 
TRIAN PARTNERS MASTER FUND (ERISA), L.P.
   
 
By:
Trian Partners (ERISA) GP, L.P.,
its general partner
     
 
By:
Trian Partners (ERISA) General Partner, LLC, its general partner
       
   
By:       ­­/s/ EDWARD P.GARDEN
    Name:  Edward P. Garden
    Title:    Member
       
       
       
 
TRIAN PARTNERS PARALLEL FUND I, L.P.
   
 
By:
Trian Partners Parallel Fund I General Partner, LLC,
its general partner
     
   
By:       ­­/s/ EDWARD P.GARDEN
    Name:  Edward P. Garden
    Title:    Member
       
       
       
       
       
 
TRIAN SPV (SUB) VI, L.P.
   
 
By:
Trian Partners SPV VI GP, L.P.,
its general partner
     
 
By:
Trian Partners SPV VI General Partner, LLC,
its general partner
       
   
By:        ­­/s/ EDWARD P.GARDEN
    Name:   Edward P. Garden
    Title:    Member
       
       
       
 
TRIAN SPV (SUB) VI-A, L.P.
   
 
By:
Trian Partners SPV VI-A GP, L.P.,
its general partner
     
 
By:
Trian Partners SPV VI-A General Partner, LLC, its general partner
       
   
By:       ­­/s/ EDWARD P.GARDEN
    Name:  Edward P. Garden
    Title:    Member
       
       
       
 
TRIAN PARTNERS STRATEGIC INVESTMENT FUND, L.P.
   
 
By:
Trian Partners Strategic Investment Fund GP, L.P.,
its general partner
     
 
By:
Trian Partners Strategic Investment Fund General Partner, LLC,
its general partner
       
   
By:       ­­/s/ EDWARD P.GARDEN
    Name:  Edward P. Garden
    Title:    Member
       
       
       
 
TRIAN IR HOLDCO LTD.
   
     
  By:          ­­/s/ EDWARD P.GARDEN
 
 
 
Name:     Edward P. Garden
 
  Title:       Director  
       
       
       




 
 

 

SCHEDULE A
 
Securities and assets held by:
 
 
Trian Partners Master Fund (ERISA), L.P., Trian Partners, L.P., Trian Partners Master Fund, L.P., Trian Partners Parallel Fund I, L.P., Trian Partners Strategic Investment Fund, L.P., Trian SPV (SUB) VI, L.P., Trian SPV (SUB) VI-A, L.P.

that will be contributed to
 
Trian IR Holdco Ltd.
 

Name of Issuer or Obligor
Assets or Securities Contributed
Trian Partners Master Fund (ERISA), L.P.
199,908 Ordinary Shares of Ingersoll-Rand Plc
Trian Partners, L.P.
1,750,352 Ordinary Shares of Ingersoll-Rand Plc
Trian Partners Master Fund, L.P.
756,182 Ordinary Shares of Ingersoll-Rand Plc
Trian Partners Parallel Fund I, L.P.
335,832 Ordinary Shares of Ingersoll-Rand Plc
Trian Partners Strategic Investment Fund, L.P.
1,819,683 Ordinary Shares of Ingersoll-Rand Plc
Trian SPV (SUB) VI, L.P.
1,460,000 Ordinary Shares of Ingersoll-Rand Plc
Trian SPV (SUB) VI-A, L.P.
4,701,450 Ordinary Shares of Ingersoll-Rand Plc













 
A-1