Andrew R. J. Bonfield - 09 Mar 2022 Form 4 Insider Report for CATERPILLAR INC (CAT)

Role: Chief Financial Officer
Signature: /s/ Barbara Thomas POA, for Andrew R J Bonfield
Issuer symbol: CAT
Transactions as of: 09 Mar 2022
Net transactions value: -$1,424,185
Form type: 4
Filing time: 11 Mar 2022, 09:25:58 UTC
Previous filing: 08 Mar 2022
Next filing: 08 Feb 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	$2,491,960	+18,012	+40%	$138.35	62,991	09 Mar 2022	Direct
transaction	CAT	Common Stock	Tax liability	$3,067,843	-14,572	-23%	$210.53	48,419	09 Mar 2022	Direct
transaction	CAT	Common Stock	Options Exercise	$2,946,922	+23,095	+48%	$127.60	71,514	09 Mar 2022	Direct
transaction	CAT	Common Stock	Tax liability	$3,795,224	-18,027	-25%	$210.53	53,487	09 Mar 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	-18,012	-100%	$0.000000^*	0	09 Mar 2022	Common Stock	18,012	$138.35	Direct	F1
transaction	CAT	Employee Stock Options	Options Exercise	$0	-23,095	-50%	$0.000000	23,095	09 Mar 2022	Common Stock	23,095	$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.