Craig Arnold - Jun 5, 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
Jun 5, 2023
Transactions value $
-$17,394,017
Form type
4
Date filed
6/7/2023, 04:33 PM
Previous filing
May 3, 2023
Next filing
Jun 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETN Ordinary Shares Options Exercise $9.53M +116K +22.53% $81.96 633K Jun 5, 2023 Direct
transaction ETN Ordinary Shares Sale -$17.4M -94.9K -15.01% $183.71 538K Jun 5, 2023 Direct F1
transaction ETN Ordinary Shares Sale -$3.94M -21.4K -3.98% $184.43 516K Jun 5, 2023 Direct F2
transaction ETN Ordinary Shares Options Exercise $2.17M +26.9K +5.22% $80.49 543K Jun 5, 2023 Direct
transaction ETN Ordinary Shares Sale -$4.96M -26.9K -4.96% $184.18 516K Jun 5, 2023 Direct F3
transaction ETN Ordinary Shares Options Exercise $100K +1.02K +0.2% $98.21 517K Jun 5, 2023 Direct
transaction ETN Ordinary Shares Tax liability -$100K -542 -0.1% $184.45 517K Jun 5, 2023 Direct
transaction ETN Ordinary Shares Options Exercise $2.13M +26.4K +5.11% $80.49 543K Jun 6, 2023 Direct
transaction ETN Ordinary Shares Sale -$4.52M -24.5K -4.51% $184.42 519K Jun 6, 2023 Direct F4
transaction ETN Ordinary Shares Sale -$354K -1.91K -0.37% $185.13 517K Jun 6, 2023 Direct F5
holding ETN Ordinary Shares 186 Jun 5, 2023 by trustee of ESP F7

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 -116K -100% $0.00* 0 Jun 5, 2023 Ordinary Shares 116K $81.96 Direct F6
transaction ETN Stock Option Options Exercise $0 -26.9K -15.28% $0.00 149K Jun 5, 2023 Ordinary Shares 26.9K $80.49 Direct F6
transaction ETN Stock Option Options Exercise $0 -1.02K -0.63% $0.00 161K Jun 5, 2023 Ordinary Shares 1.02K $98.21 Direct F6
transaction ETN Stock Option Options Exercise $0 -26.4K -17.7% $0.00 123K Jun 6, 2023 Ordinary Shares 26.4K $80.49 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $183.195 - $184.19. 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.
F2 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $184.20 - $185.07. 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 $184.00 - $184.665. 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 $184.00 - $185.00. 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.
F5 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $185.005 - $185.27. 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.
F6 These stock options became 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.
F7 These ordinary shares are held in the Eaton Savings Plan.

Remarks:

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