Uday Yadav - 22 Feb 2022 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
22 Feb 2022
Net transactions value
-$96,281
Form type
4
Filing time
24 Feb 2022, 16:07:32 UTC
Previous filing
22 Feb 2022
Next filing
28 Feb 2022
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 +24,892 +114% $0.000000 46,806 22 Feb 2022 Direct F1
transaction ETN Ordinary Shares Options Exercise $0 +1,613 +3.4% $0.000000 48,419 23 Feb 2022 Direct
transaction ETN Ordinary Shares Tax liability $96,281 -638 -1.3% $150.91 47,781 23 Feb 2022 Direct
holding ETN Ordinary Shares 7 22 Feb 2022 by trustee of ESP F6

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 +15,350 $0.000000 15,350 22 Feb 2022 Ordinary Shares 15,350 $151.76 Direct F2
transaction ETN Restricted Stock Units Award $0 +3,725 $0.000000 3,725 22 Feb 2022 Ordinary Shares 3,725 $0.000000 Direct F3, F4
transaction ETN Restricted Stock Units Options Exercise $0 -1,613 -33% $0.000000 3,277 23 Feb 2022 Ordinary Shares 1,613 $0.000000 Direct F4, F5
* 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, 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
F4 This field is not applicable.
F5 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
F6 These ordinary shares are held in the Eaton Savings Plan.

Remarks:

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