STERNADT PAULO RUIZ - 31 Mar 2023 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
Officer
Signature
/s/ Lizbeth L. Wright, as Attorney-in-Fact
Issuer symbol
ETN
Transactions as of
31 Mar 2023
Transactions value $
$140,156
Form type
4
Filing time
03 Apr 2023, 19:41:28 UTC
Previous filing
27 Feb 2023
Next filing
07 Aug 2023
SEC
View on sec.gov

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 Phantom Shares Award $140K +876 $159.93 876 31 Mar 2023 Ordinary Shares 876 $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These phantom shares were acquired as a result of the reporting person's deferral in the deferred incentive compensation plans maintained by the Issuer of bonus and long-term incentive compensation earned during 2022. The number of phantom shares acquired is based on the average of the mean prices for the Issuer's ordinary shares for the twenty trading days immediately following the end of the period in which the compensation was earned. Each share of phantom stock is the economic equivalent of one share of common stock.
F2 This field is not applicable.

Remarks:

President and Chief Operating Officer - Industrial Sector of Eaton Corporation, a subsidiary of the Issuer.