Joao Faria V - 22 Feb 2023 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
President - Vehicle Group of Eaton Corporation, a subsidiary of the Issuer.
Signature
/s/ Lizbeth L. Wright, as Attorney-in-Fact
Issuer symbol
ETN
Transactions as of
22 Feb 2023
Net transactions value
-$263,166
Form type
4
Filing time
24 Feb 2023, 19:35:23 UTC
Previous filing
13 Feb 2023
Next filing
27 Feb 2023
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 +10,057 +15% $0.000000 77,223 22 Feb 2023 Direct F1
transaction ETN Ordinary Shares Options Exercise $0 +564 +0.73% $0.000000 77,787 22 Feb 2023 Direct
transaction ETN Ordinary Shares Tax liability $27,658 -161 -0.21% $171.79 77,626 22 Feb 2023 Direct
transaction ETN Ordinary Shares Options Exercise $352,994 +2,326 +3% $151.76 79,952 22 Feb 2023 Direct
transaction ETN Ordinary Shares Sale $398,281 -2,326 -2.9% $171.23 77,626 22 Feb 2023 Direct
transaction ETN Ordinary Shares Options Exercise $0 +741 +0.95% $0.000000 78,367 23 Feb 2023 Direct
transaction ETN Ordinary Shares Tax liability $31,058 -181 -0.23% $171.59 78,186 23 Feb 2023 Direct
transaction ETN Ordinary Shares Options Exercise $496,614 +3,795 +4.9% $130.86 81,981 23 Feb 2023 Direct
transaction ETN Ordinary Shares Sale $655,776 -3,795 -4.6% $172.80 78,186 23 Feb 2023 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
transaction ETN Stock Option Award $0 +6,100 $0.000000 6,100 22 Feb 2023 Ordinary Shares 6,100 $171.31 Direct F2
transaction ETN Restricted Stock Units Award $0 +1,695 $0.000000 1,695 22 Feb 2023 Ordinary Shares 1,695 $0.000000 Direct F3, F4
transaction ETN Restricted Stock Units Options Exercise $0 -564 -33% $0.000000 1,146 22 Feb 2023 Ordinary Shares 564 $0.000000 Direct F4, F6
transaction ETN Stock Option Options Exercise $0 -2,326 -33% $0.000000 4,724 22 Feb 2023 Ordinary Shares 2,326 $151.76 Direct F5
transaction ETN Restricted Stock Units Options Exercise $0 -741 -49% $0.000000 764 23 Feb 2023 Ordinary Shares 741 $0.000000 Direct F4, F7
transaction ETN Stock Option Options Exercise $0 -3,795 -49% $0.000000 3,910 23 Feb 2023 Ordinary Shares 3,795 $130.86 Direct F8
* 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, 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.
F4 This field is not applicable.
F5 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.
F6 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.
F7 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.
F8 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.

Remarks:

President - Vehicle Group of Eaton Corporation, a subsidiary of the Issuer.