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

Role: CLO/General Counsel
Signature: /s/ Barbara Thomas, POA for Suzette M. Long
Issuer symbol: CAT
Transactions as of: 17 Mar 2022
Net transactions value: +$790,924
Form type: 4
Filing time: 21 Mar 2022, 10:35:09 UTC
Previous filing: 08 Mar 2022
Next filing: 22 Apr 2022
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	$2,215,122	+16,011	+88%	$138.35	34,192	17 Mar 2022	Direct
transaction	CAT	Common Stock	Sale	$3,522,420	-16,011	-47%	$220.00	18,181	17 Mar 2022	Direct	F1
transaction	CAT	Common Stock	Options Exercise	$2,619,500	+20,529	+113%	$127.60	38,710	17 Mar 2022	Direct
transaction	CAT	Common Stock	Sale	$4,516,380	-20,529	-53%	$220.00	18,181	17 Mar 2022	Direct
transaction	CAT	Common Stock	Sale	$839,520	-3,816	-21%	$220.00	14,365	17 Mar 2022	Direct
holding	CAT	Common Stock						37	17 Mar 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	$2,215,122	+16,011		$138.35	0	17 Mar 2022	Common Stock	16,011	$138.35	Direct	F3
transaction	CAT	Employee Stock Options	Options Exercise	$2,619,500	+20,529		$127.60	20,529	17 Mar 2022	Common Stock	20,529	$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.