Craig Arnold - Feb 22, 2023 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
Chief Executive Officer of Eaton Corporation, a subsidiary of the Issuer., Director
Signature
/s/ Lizbeth L. Wright, as Attorney-in-Fact
Stock symbol
ETN
Transactions as of
Feb 22, 2023
Transactions value $
-$1,008,270
Form type
4
Date filed
2/24/2023, 07:30 PM
Previous filing
Nov 4, 2022
Next filing
Feb 27, 2023

Transactions Table

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 -5.37K -33% $0.00 10.9K Feb 22, 2023 Ordinary Shares 5.37K $0.00 Direct F2, F3
transaction ETN Stock Option Award $0 +62K $0.00 62K Feb 23, 2023 Ordinary Shares 62K $172.78 Direct F4
transaction ETN Restricted Stock Units Award $0 +17.3K $0.00 17.3K Feb 23, 2023 Ordinary Shares 17.3K $0.00 Direct F3, F5
transaction ETN Restricted Stock Units Options Exercise $0 -6.72K -49.25% $0.00 6.93K Feb 23, 2023 Ordinary Shares 6.72K $0.00 Direct F3, F6
* 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 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.
F3 This field is not applicable.
F4 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.
F5 These restricted stock units were granted on February 23, 2023 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 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.
F7 These ordinary shares are held in the Eaton Savings Plan.

Remarks:

Chief Executive Officer of Eaton Corporation, a subsidiary of the Issuer.