Ingersoll-Rand (IR) Chairman Enters A 10b5-1 Trading Plan
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On August 11, 2008, Herbert L. Henkel, Chairman, President and Chief Executive Officer of Ingersoll-Rand Company Limited (NYSE: IR), entered into two separate stock trading plans (the “10b5-1 Plans”) pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, under which he may exercise employee stock options and then sell the shares. The first Plan covers 600,000 options, awarded in March 1999, which expire in March 2009. The second Plan covers 100,000 options, awarded in October 1999, which expire in September 2009.
Ingersoll-Rand Company Limited, together with its subsidiaries, designs, manufactures, sells, and services a range of industrial and commercial products in the United States and internationally.
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