Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Kuhl David S
  2. Issuer Name and Ticker or Trading Symbol
TRANE INC. [TT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice President & Treasurer
(Last)
(First)
(Middle)
C/O TRANE INC., ONE CENTENNIAL AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2008
(Street)

PISCATAWAY, NJ 08855
4. If Amendment, Date 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
(City)
(State)
(Zip)
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
Common stock, $.01 par value 06/05/2008   D   3,197.381 D (1) 0 I ESOP/Savings Plan/SSP (2)

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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 Underlying Securities
(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 of Derivative Security: 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) (1) 06/05/2008   D     6,225 06/05/2008(3) 06/05/2008(4) Common Stock, $.01 par value 6,225 (1) 0 D  
Stock Option (Right to Buy) $ 16.05 06/05/2008   D     12,000 06/05/2008(3) 02/06/2013 Common Stock, $.01 par value 12,000 (5) 0 D  
Stock Option (Right to Buy) $ 24.78 06/05/2008   D     10,500 06/05/2008(3) 02/04/2014 Common Stock, $.01 par value 10,500 (6) 0 D  
Stock Option (Right to Buy) $ 30.66 06/05/2008   D     10,000 06/05/2008(3) 02/02/2015 Common Stock, $.01 par value 1,000 (7) 0 D  
Stock Option (Right to Buy) $ 26.08 06/05/2008   D     12,500 06/05/2008(3) 02/01/2016 Common Stock, $.01 par value 12,500 (8) 0 D  
Stock Option (Right to Buy) $ 37.25 06/05/2008   D     12,500 06/05/2008(3) 02/05/2017 Common Stock, $.01 par value 12,500 (9) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Kuhl David S
C/O TRANE INC.
ONE CENTENNIAL AVENUE
PISCATAWAY, NJ 08855
      Vice President & Treasurer  

Signatures

 /s/David S. Kuhl (By M. Cresitello by Power of Attorney)   06/09/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Disposed of pursuant to the merger agreement between issuer and Indian Merger Sub, Inc. (a wholly owned subsidiary of Ingersoll-Rand Company Limited) in exchange for Ingersoll Rand Class A common shares at an exchange ratio of 0.23 per share plus $36.50 per share in cash.
(2) Includes shares held in ESOP, Savings Plan and Supplemental Savings Plan
(3) Pursuant to the terms of the merger agreement, all options, whether or not exercisable or vested at the Effective Time of the merger, became, as of the effective time of the merger, fully vested and exercisable.
(4) Pursuant to the terms of the merger agreement, all options and restricted stock units, whether or not exercisable or vested at the Effective Time of the merger, became, as of the effective time of the merger, fully vested and exercisable.
(5) In the merger, this option was converted into 11,520 options to acquire Class A commons shares of Ingersoll Rand with an exersize price per option equal to $12.13.
(6) In the merger, this option was converted into 10,080 options to acquire Class A commons shares of Ingersoll Rand with an exersize price per option equal to $21.22.
(7) In the merger, this option was converted into 9,600 options to acquire Class A commons shares of Ingersoll Rand with an exersize price per option equal to $27.35.
(8) In the merger, this option was converted into 12,000 options to acquire Class A commons shares of Ingersoll Rand with an exersize price per option equal to $22.57.
(9) In the merger, this option was converted into 12,000 options to acquire Class A commons shares of Ingersoll Rand with an exersize price per option equal to $34.21.

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