Donald Umpleby III - May 26, 2022 Form 4 Insider Report for CATERPILLAR INC (CAT)

Role
Chairman and CEO, Director
Signature
/s/ Nicole Puza, POA for Donald J. Umpleby III
Stock symbol
CAT
Transactions as of
May 26, 2022
Transactions value $
-$6,844,440
Form type
4
Date filed
11/10/2022, 11:35 AM
Previous filing
May 27, 2022
Next filing
Feb 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAT Common Stock Options Exercise $19.3M +151K +85.74% $127.60 328K Nov 8, 2022 Direct F1, F2
transaction CAT Common Stock Tax liability -$26.2M -114K -34.74% $229.65 214K Nov 8, 2022 Direct
transaction CAT Common Stock Gift $0 -13.8K -100% $0.00* 0 May 26, 2022 Held by Grantor Retained Annuity F3
transaction CAT Common Stock Gift $0 -7.49K -100% $0.00* 0 Aug 18, 2022 Held by Grantor Retained Annuity F3
holding CAT Common Stock 59K May 26, 2022 Held by irrevocable trust for descendants
holding CAT Common Stock 16.3K May 26, 2022 Held by Grantor Retained Annuity
holding CAT Common Stock 12.3K May 26, 2022 Held by Grantor Retained Annuity
holding CAT Common Stock 22.8K May 26, 2022 Held by Children's Irrevocable Trust F4
holding CAT Common Stock 24.3K May 26, 2022 Held by Grantor Retained Annuity
holding CAT Common Stock 988 May 26, 2022 Held by 401(k) Plan 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 CAT Employee Stock Options Options Exercise $0 -151K -66.67% $0.00 75.7K Nov 8, 2022 Common Stock 151K $127.60 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 7,925 shares transferred on May 26, 2022 and 36,674 shares transferred on August 18, 2022 from Grantor Retained Annuity Trusts.
F2 Reflects 24,297 shares transferred on February 24, 2022 to a Grantor Retained Annuity Trust.
F3 Gift of shares to an irrevocable trust of which a member of the reporting person's immediate family serves as trustee and of which the reporting person's descendants are beneficiaries.
F4 Reflects 13,835 shares transferred on May 26, 2022 and 7,490 shares transferred on August 18, 2022 from Grantor Retained Annuity Trusts.
F5 The information in this report is based on a 401(k) plan statement as of October 31, 2022.
F6 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.