Cheryl H. Johnson - Jul 18, 2023 Form 4 Insider Report for CATERPILLAR INC (CAT)

Role
Chief Human Resources Officer
Signature
/s/ Nicole Puza, POA for Cheryl Johnson
Stock symbol
CAT
Transactions as of
Jul 18, 2023
Transactions value $
-$1,667,900
Form type
4
Date filed
7/19/2023, 07:22 PM
Previous filing
Mar 8, 2023
Next filing
Aug 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAT Common Stock Options Exercise $819K +6.42K +39.21% $127.60 22.8K Jul 18, 2023 Direct F1
transaction CAT Common Stock Sale -$1.67M -6.42K -28.16% $260.00 16.4K Jul 18, 2023 Direct F2
holding CAT Common Stock 222 Jul 18, 2023 Held by 401(k) Plan F3

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 CAT Employee Stock Options Options Exercise -$819K -6.42K -100% $127.60 0 Jul 18, 2023 Common Stock 6.42K $127.60 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes adjustments for dividends accrued.
F2 This transaction was executed as multiple trades, all executed at the price reported above. The reporting person herby undertakes to provide upon request of the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares at which the transaction was effected.
F3 The information in this report is based on a 401(k) statement dated as of June 30, 2023.
F4 The stock options were granted pursuant to the Caterpillar Inc. 2014 Long-Term Incentive Plan on March 2, 2020 and vest equally in 1/3 increments on the first, second and third anniversaries of the grant date.