Uday Yadav - 25 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
25 Feb 2022
Net transactions value
-$1,977,472
Form type
4
Filing time
28 Feb 2022, 16:38:36 UTC
Previous filing
24 Feb 2022
Next filing
16 May 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 Tax liability $1,703,109 -11,165 -23% $152.54 36,616 25 Feb 2022 Direct F1
transaction ETN Ordinary Shares Options Exercise $0 +1,779 +4.9% $0.000000 38,395 25 Feb 2022 Direct
transaction ETN Ordinary Shares Tax liability $121,432 -798 -2.1% $152.17 37,597 25 Feb 2022 Direct
transaction ETN Ordinary Shares Options Exercise $0 +2,239 +6% $0.000000 39,836 25 Feb 2022 Direct
transaction ETN Ordinary Shares Tax liability $152,931 -1,005 -2.5% $152.17 38,831 25 Feb 2022 Direct
holding ETN Ordinary Shares 7 25 Feb 2022 by trustee of ESP F5

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 Restricted Stock Units Options Exercise $0 -1,779 -49% $0.000000 1,833 25 Feb 2022 Ordinary Shares 1,779 $0.000000 Direct F2, F3
transaction ETN Restricted Stock Units Options Exercise $0 -2,239 -100% $0.000000* 0 25 Feb 2022 Ordinary Shares 2,239 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover taxes incurred in connection with the settlement of the performance share awards that vested February 22, 2022.
F2 These restricted stock units were granted on February 25, 2020 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.
F3 This field is not applicable.
F4 These restricted stock units were granted on February 26, 2019 and vested 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.
F5 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.