Thomas B. Okray - 18 May 2023 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
Executive Vice President and Chief Financial Officer of Eaton Corporation, a subsidiary of the Issuer.
Signature
/s/ Lizbeth L. Wright, as Attorney-in-Fact
Issuer symbol
ETN
Transactions as of
18 May 2023
Net transactions value
-$897,363
Form type
4
Filing time
19 May 2023, 16:15:38 UTC
Previous filing
12 Apr 2023
Next filing
30 May 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 Options Exercise $199,812 +1,644 +22% $121.54 9,011 18 May 2023 Direct
transaction ETN Ordinary Shares Sale $286,990 -1,644 -18% $174.57 7,367 18 May 2023 Direct F2
transaction ETN Ordinary Shares Options Exercise $747,471 +6,150 +83% $121.54 13,517 18 May 2023 Direct
transaction ETN Ordinary Shares Sale $1,050,978 -6,150 -45% $170.89 7,367 18 May 2023 Direct F3
transaction ETN Ordinary Shares Options Exercise $2,255,553 +16,170 +219% $139.49 23,537 18 May 2023 Direct
transaction ETN Ordinary Shares Sale $2,762,231 -16,170 -69% $170.82 7,367 18 May 2023 Direct F4

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 Options Exercise $0 -1,644 -14% $0.000000 10,166 18 May 2023 Ordinary Shares 1,644 $121.54 Direct F1
transaction ETN Stock Option Options Exercise $0 -6,150 -60% $0.000000 4,016 18 May 2023 Ordinary Shares 6,150 $121.54 Direct F1
transaction ETN Stock Option Options Exercise $0 -16,170 -66% $0.000000 8,330 18 May 2023 Ordinary Shares 16,170 $139.49 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $174.56 - $174.58. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F3 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $170.855 - $171.055. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F4 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $170.71 - $171.02. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

Remarks:

Executive Vice President and Chief Financial Officer of Eaton Corporation, a subsidiary of the Issuer.