Kemp Tracy L Form 4 Allegion / Tracy L Kemp ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Kemp Tracy L

(Last) (First) (Middle)

C/O SCHLAGE LOCK COMPANY LLC

11819 N. PENSYLVANIA STREET

(Street)

CARMEL IN 46032

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Allegion plc [ ALLE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP-Chief Cust. & Digital Ofr.

3. Date of Earliest Transaction (Month/Day/Year)
10/31/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	10/31/2019		M		4,405	A	$43.36	14,770	D
Ordinary Shares	10/31/2019		M		2,557	A	$54.125	17,327	D
Ordinary Shares	10/31/2019		M		3,496	A	$57.85	20,823	D
Ordinary Shares	10/31/2019		M		3,941	A	$57.85	24,764	D
Ordinary Shares	10/31/2019		M		2,287	A	$71.835	27,051	D
Ordinary Shares	10/31/2019		M		1,174	A	$86.93	28,225	D
Ordinary Shares	10/31/2019		S		17,860	D	$115.84(1)	10,365	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$43.36	10/31/2019		M			4,405	12/13/2016	12/13/2023	Ordinary Shares	4,405	$0	0	D
Stock Option (Right to Buy)	$54.125	10/31/2019		M			2,557	(2)	03/11/2024	Ordinary Shares	2,557	$0	0	D
Stock Option (Right to Buy)	$57.85	10/31/2019		M			3,496	(3)	02/20/2025	Ordinary Shares	3,496	$0	0	D
Stock Option (Right to Buy)	$57.85	10/31/2019		M			3,941	(4)	02/16/2026	Ordinary Shares	3,941	$0	0	D
Stock Option (Right to Buy)	$71.835	10/31/2019		M			2,287	(5)	02/13/2027	Ordinary Shares	2,287	$0	1,144	D
Stock Option (Right to Buy)	$86.93	10/31/2019		M			1,174	(6)	02/22/2028	Ordinary Shares	1,174	$0	2,349	D

Explanation of Responses:

1. This transaction was executed in multiple sales ranging from $115.40 to $116.22 per share, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provided upon request to the SEC staff, the issuer, or any security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected regarding this footnote (1) to this Form 4.

2. A stock option that vested in equal annual installments on March 11, 2015, March 11, 2016 and March 11, 2017, and is exercisable.

3. A stock option that vested in equal annual installments on February 20, 2016, February 20, 2017 and February 20, 2018, and is exercisable.

4. A stock option that vested in equal annual installments on February 16, 2017, February 16, 2018 and February 16, 2019, and is exercisable.

5. A stock option that vests in equal annual installments on February 13, 2018, February 13, 2019 and February 13, 2020. To the extent the stock option has vested, it is exercisable.

6. A stock option that vests in equal annual installments on February 22, 2019, February 22, 2020 and February 22, 2021. To the extent the stock option has vested, it is exercisable.

	/s/ Hatsuki Miyata, Attorney-In-Fact	11/04/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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