Joao V. Faria - Feb 22, 2023 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
President - Vehicle Group of Eaton Corporation, a subsidiary of the Issuer.
Signature
/s/ Lizbeth L. Wright, as Attorney-in-Fact
Stock symbol
ETN
Transactions as of
Feb 22, 2023
Transactions value $
-$263,166
Form type
4
Date filed
2/24/2023, 07:35 PM
Previous filing
Feb 13, 2023
Next filing
Feb 27, 2023
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 +10.1K +14.97% $0.00 77.2K Feb 22, 2023 Direct F1
transaction ETN Ordinary Shares Options Exercise $0 +564 +0.73% $0.00 77.8K Feb 22, 2023 Direct
transaction ETN Ordinary Shares Tax liability -$27.7K -161 -0.21% $171.79 77.6K Feb 22, 2023 Direct
transaction ETN Ordinary Shares Options Exercise $353K +2.33K +3% $151.76 80K Feb 22, 2023 Direct
transaction ETN Ordinary Shares Sale -$398K -2.33K -2.91% $171.23 77.6K Feb 22, 2023 Direct
transaction ETN Ordinary Shares Options Exercise $0 +741 +0.95% $0.00 78.4K Feb 23, 2023 Direct
transaction ETN Ordinary Shares Tax liability -$31.1K -181 -0.23% $171.59 78.2K Feb 23, 2023 Direct
transaction ETN Ordinary Shares Options Exercise $497K +3.8K +4.85% $130.86 82K Feb 23, 2023 Direct
transaction ETN Ordinary Shares Sale -$656K -3.8K -4.63% $172.80 78.2K Feb 23, 2023 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 ETN Stock Option Award $0 +6.1K $0.00 6.1K Feb 22, 2023 Ordinary Shares 6.1K $171.31 Direct F2
transaction ETN Restricted Stock Units Award $0 +1.7K $0.00 1.7K Feb 22, 2023 Ordinary Shares 1.7K $0.00 Direct F3, F4
transaction ETN Restricted Stock Units Options Exercise $0 -564 -32.98% $0.00 1.15K Feb 22, 2023 Ordinary Shares 564 $0.00 Direct F4, F6
transaction ETN Stock Option Options Exercise $0 -2.33K -32.99% $0.00 4.72K Feb 22, 2023 Ordinary Shares 2.33K $151.76 Direct F5
transaction ETN Restricted Stock Units Options Exercise $0 -741 -49.24% $0.00 764 Feb 23, 2023 Ordinary Shares 741 $0.00 Direct F4, F7
transaction ETN Stock Option Options Exercise $0 -3.8K -49.25% $0.00 3.91K Feb 23, 2023 Ordinary Shares 3.8K $130.86 Direct F8
* 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, 2023 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. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F4 This field is not applicable.
F5 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.
F6 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. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F7 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. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F8 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.

Remarks:

President - Vehicle Group of Eaton Corporation, a subsidiary of the Issuer.