CRAIG ARNOLD - 14 Aug 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
Issuer symbol
ETN
Transactions as of
14 Aug 2023
Net transactions value
-$13,896,070
Form type
4
Filing time
15 Aug 2023, 16:30:33 UTC
Previous filing
08 Jun 2023
Next filing
06 Feb 2024
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 $8,049,000 +100,000 +19% $80.49 616,875 14 Aug 2023 Direct
transaction ETN Ordinary Shares Sale $21,945,070 -100,000 -16% $219.45 516,875 14 Aug 2023 Direct F1
holding ETN Ordinary Shares 185 14 Aug 2023 by trustee of ESP 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 ETN Stock Option Options Exercise $0 -100,000 -100% $0.000000* 0 14 Aug 2023 Ordinary Shares 100,000 $80.49 Direct F2
* 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 $219.365 - $220.062. 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 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.
F3 These ordinary shares are held in the Eaton Savings Plan.

Remarks:

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