Sternadt Paulo Ruiz - Feb 24, 2023 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
Officer
Signature
/s/ Lizbeth L. Wright, as Attorney-in-Fact
Stock symbol
ETN
Transactions as of
Feb 24, 2023
Transactions value $
-$693,459
Form type
4
Date filed
2/27/2023, 03:37 PM
Previous filing
Feb 24, 2023
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETN Ordinary Shares Tax liability -$623K -3.63K -25.38% $171.79 10.7K Feb 24, 2023 Direct F1
transaction ETN Ordinary Shares Options Exercise $0 +917 +8.61% $0.00 11.6K Feb 24, 2023 Direct
transaction ETN Ordinary Shares Tax liability -$70.7K -412 -3.56% $171.65 11.2K Feb 24, 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 Restricted Stock Units Options Exercise $0 -917 -100% $0.00* 0 Feb 24, 2023 Ordinary Shares 917 $0.00 Direct F2, F3
* 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, 2023.
F2 These restricted stock units were granted on February 25, 2020 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. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F3 This field is not applicable.

Remarks:

President and Chief Operating Officer - Industrial Sector of Eaton Corporation, a subsidiary of the Issuer.