Ernest W. Marshall Jr - Feb 28, 2024 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 28, 2024
Transactions value $
-$1,072,772
Form type
4
Date filed
3/1/2024, 06:51 PM
Previous filing
Feb 26, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETN Ordinary Shares Award $0 +8.39K +27.21% $0.00 39.2K Feb 28, 2024 Direct F1
transaction ETN Ordinary Shares Tax liability -$1.07M -3.76K -9.59% $285.16 35.4K Feb 29, 2024 Direct F2

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 Award $0 +4.7K $0.00 4.7K Feb 28, 2024 Ordinary Shares 4.7K $286.96 Direct F3
transaction ETN Restricted Stock Units Award $0 +1.5K $0.00 1.5K Feb 28, 2024 Ordinary Shares 1.5K $0.00 Direct F4, F5
transaction ETN Restricted Stock Units Award $0 +2K $0.00 2K Feb 28, 2024 Ordinary Shares 2K $0.00 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired upon the vesting of performance share awards.
F2 Represents shares withheld to cover taxes incurred in connection with the settlement of the performance share awards that vested February 28, 2024.
F3 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.
F4 These restricted stock units were granted on February 28, 2024 and vest 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.
F5 This field is not applicable.
F6 These restricted stock units were granted on February 28, 2024 and vest in full on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.

Remarks:

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