Andrew R. J. Bonfield - Mar 9, 2022 Form 4 Insider Report for CATERPILLAR INC (CAT)

Role: Chief Financial Officer
Signature: /s/ Barbara Thomas POA, for Andrew R J Bonfield
Stock symbol: CAT
Transactions as of: Mar 9, 2022
Transactions value $: -$1,424,185
Form type: 4
Date filed: 3/11/2022, 09:25 AM
Previous filing: Mar 8, 2022
Next filing: Feb 8, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CAT	Common Stock	Options Exercise	$2.49M	+18K	+40.05%	$138.35	63K	Mar 9, 2022	Direct
transaction	CAT	Common Stock	Tax liability	-$3.07M	-14.6K	-23.13%	$210.53	48.4K	Mar 9, 2022	Direct
transaction	CAT	Common Stock	Options Exercise	$2.95M	+23.1K	+47.7%	$127.60	71.5K	Mar 9, 2022	Direct
transaction	CAT	Common Stock	Tax liability	-$3.8M	-18K	-25.21%	$210.53	53.5K	Mar 9, 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CAT	Employee Stock Options	Options Exercise	$0	-18K	-100%	$0.00^*	0	Mar 9, 2022	Common Stock	18K	$138.35	Direct	F1
transaction	CAT	Employee Stock Options	Options Exercise	$0	-23.1K	-50%	$0.00	23.1K	Mar 9, 2022	Common Stock	23.1K	$127.60	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The stock options were granted pursuant to the Caterpillar Inc. 2014 Long-Term Incentive Plan on March 4, 2019 and vest equally in 1/3 increments on the first, second and third anniversaries of the grant date.
F2	The stock options were granted pursuant to the Caterpillar Inc. 2014 Long-Term Incentive Plan on March 2, 2020 and vest equally in 1/3 increments on the first, second and third anniversaries of the grant date.