Taras G. Szmagala Jr. - 24 Jun 2022 Form 3 Insider Report for Eaton Corp plc (ETN)

Role: Officer
Signature: /s/ Lizbeth L. Wright, as Attorney-in Fact
Issuer symbol: ETN
Transactions as of: 24 Jun 2022
Net transactions value: $0
Form type: 3
Filing time: 01 Jul 2022, 15:55:23 UTC
Next filing: 08 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ETN	Ordinary Shares						8,700	24 Jun 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
holding	ETN	Restricted Stock Units							24 Jun 2022	Ordinary Shares	228	$0.000000	Direct	F1, F2
holding	ETN	Restricted Stock Units							24 Jun 2022	Ordinary Shares	356	$0.000000	Direct	F2, F3
holding	ETN	Restricted Stock Units							24 Jun 2022	Ordinary Shares	2,040	$0.000000	Direct	F2, F4
holding	ETN	Restricted Stock Units							24 Jun 2022	Ordinary Shares	405	$0.000000	Direct	F2, F5
holding	ETN	Stock Option							24 Jun 2022	Ordinary Shares	6,300	$56.55	Direct	F6
holding	ETN	Stock Option							24 Jun 2022	Ordinary Shares	4,750	$71.89	Direct	F7
holding	ETN	Stock Option							24 Jun 2022	Ordinary Shares	3,800	$81.96	Direct	F8
holding	ETN	Stock Option							24 Jun 2022	Ordinary Shares	5,150	$80.49	Direct	F9
holding	ETN	Stock Option							24 Jun 2022	Ordinary Shares	4,350	$98.21	Direct	F10
holding	ETN	Stock Option							24 Jun 2022	Ordinary Shares	2,750	$130.86	Direct	F11
holding	ETN	Stock Option							24 Jun 2022	Ordinary Shares	1,700	$151.76	Direct	F12

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

Explanation of Responses:

Id	Content
F1	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. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F2	This field is not applicable.
F3	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. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F4	These restricted stock units were granted on February 23, 2021 and vest as follows: 30% on the second and third anniversary of the grant date and the remaining 40% on the fourth anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F5	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. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F6	These stock options were granted on February 23, 2016 and are fully vested and exercisable.
F7	These stock options were granted on February 21, 2017 and are fully vested and exercisable.
F8	These stock options were granted on February 27, 2018 and are fully vested and exercisable.
F9	These stock options were granted on February 26, 2019 and are fully vested and exercisable.
F10	These stock options were granted on February 25, 2020 and become exercisable 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.
F11	These stock options were granted on February 23, 2021 and become exercisable 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.
F12	These stock options were granted on February 22, 2022 and become exercisable 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.

Remarks:

Executive Vice President and Chief Legal Officer of Eaton Corporation, a subsidiary of the Issuer. Power of Attorney is attached hereto as Exhibit 24.