X0303 4 2011-02-28 1 0001466258 Ingersoll-Rand plc IR 0001229413 GAULD WILLIAM B C/O INGERSOLL-RAND COMPANY ONE CENTENNIAL AVENUE PISCATAWAY NJ 08854 1 Senior Vice President 2009 - 2010 Performance Share Units 2011-02-28 4 F 0 6254 0 D 0 D 2009 - 2011 Performance Share Units 21372 D 2010 - 2012 Performance Share Units 11395 D Ordinary Shares 16872 D Ordinary Shares 3122.42 I By Plan Trustee Ordinary Shares (Restricted Share Units) 7710 D Ordinary Shares (EDCP II) 33576.75 D 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. Represents shares forfeited pursuant to a net settlement procedure in connection with the vesting of Performance Share Units. 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. 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. Includes the ordinary shares acquired pursuant to the net settlement procedure for the vested Performance Share Units (described in this filing). Latest available information provided by the trustee of the Ingersoll-Rand Employee Savings Plan. 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. 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. /s/ Kenneth Yi - Attorney-in-Fact 2011-03-02