Suzette M. Long - Mar 17, 2022 Form 4 Insider Report for CATERPILLAR INC (CAT)

Role: CLO/General Counsel
Signature: /s/ Barbara Thomas, POA for Suzette M. Long
Stock symbol: CAT
Transactions as of: Mar 17, 2022
Transactions value $: $790,925
Form type: 4
Date filed: 3/21/2022, 10:35 AM
Previous filing: Mar 8, 2022
Next filing: Apr 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CAT	Common Stock	Options Exercise	$2.22M	+16K	+88.06%	$138.35	34.2K	Mar 17, 2022	Direct
transaction	CAT	Common Stock	Sale	-$3.52M	-16K	-46.83%	$220.00	18.2K	Mar 17, 2022	Direct	F1
transaction	CAT	Common Stock	Options Exercise	$2.62M	+20.5K	+112.91%	$127.60	38.7K	Mar 17, 2022	Direct
transaction	CAT	Common Stock	Sale	-$4.52M	-20.5K	-53.03%	$220.00	18.2K	Mar 17, 2022	Direct
transaction	CAT	Common Stock	Sale	-$840K	-3.82K	-20.99%	$220.00	14.4K	Mar 17, 2022	Direct
holding	CAT	Common Stock						37	Mar 17, 2022	Held by 401(k) Plan	F2

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	$2.22M	+16K		$138.35	0	Mar 17, 2022	Common Stock	16K	$138.35	Direct	F3
transaction	CAT	Employee Stock Options	Options Exercise	$2.62M	+20.5K		$127.60	20.5K	Mar 17, 2022	Common Stock	20.5K	$127.60	Direct	F4

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

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $220.00 to $220.01. The price reported above reflects the weighted average sale (or purchase) price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2	The information in this report is based on a 401(k) plan statement dated as of February 28, 2022.
F3	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.
F4	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.