Ingersoll Rand grants CEO 1M PSUs, conditional options; new employment agreement

Ingersoll Rand Inc.

1,000,000 PSUs: 250,000 TSR PSUs ($81.85 target) and 750,000 EPS PSUs (10%-15% CAGR).
Conditional annual stock option grants of 100,000 shares each year 2022-2026 if adjusted EPS growth ≥12% YoY.
New employment agreement: 5-yr term, base salary $1.1M (+$100K), target bonus 150% unchanged.
Post-termination non-compete extended from 12 to 24 months; double-trigger change-in-control provisions.

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