CRAIG ARNOLD - 22 Feb 2022 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
Chief Executive Officer of Eaton Corporation, a subsidiary of the Issuer., Director
Signature
/s/ Lizbeth L. Wright, as Attorney-in Fact
Issuer symbol
ETN
Transactions as of
22 Feb 2022
Transactions value $
-$454,692
Form type
4
Filing time
24 Feb 2022, 15:59:10 UTC
Previous filing
08 Nov 2021
Next filing
28 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETN Ordinary Shares Award $0 +117,889 +30.95% $0 498,842 22 Feb 2022 Direct F1
transaction ETN Ordinary Shares Options Exercise $0 +6,722 +1.35% $0 505,564 23 Feb 2022 Direct
transaction ETN Ordinary Shares Tax liability -$454,691 -3,013 -0.6% $150.91 502,551 23 Feb 2022 Direct
holding ETN Ordinary Shares 180 22 Feb 2022 by trustee of ESP F6

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 ETN Stock Option Award $0 +67,000 $0 67,000 22 Feb 2022 Ordinary Shares 67,000 $151.76 Direct F2
transaction ETN Restricted Stock Units Award $0 +16,280 $0 16,280 22 Feb 2022 Ordinary Shares 16,280 $0 Direct F3, F4
transaction ETN Restricted Stock Units Options Exercise $0 -6,722 -33% $0 13,648 23 Feb 2022 Ordinary Shares 6,722 $0 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired upon the vesting of performance share awards.
F2 These stock options become exercisable as follows: 33% on the first and second anniversary of the date of the grant and the remaining 34% on the third anniversary of the date of the grant.
F3 These restricted stock units were granted on February 22, 2022 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date
F4 This field is not applicable.
F5 These restricted stock units were granted on February 23, 2021 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date
F6 These ordinary shares are held in the Eaton Savings Plan.

Remarks:

Chief Executive Officer of Eaton Corporation, a subsidiary of the Issuer.