Heath B. Monesmith - 11 Mar 2024 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
Officer
Signature
/s/ Lizbeth L. Wright, as Attorney-in-Fact
Issuer symbol
ETN
Transactions as of
11 Mar 2024
Net transactions value
-$2,859,451
Form type
4
Filing time
13 Mar 2024, 20:03:42 UTC
Previous filing
01 Mar 2024
Next filing
17 May 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 $936,511 +13,027 +19% $71.89* 82,499 11 Mar 2024 Direct
transaction ETN Ordinary Shares Sale $3,796,031 -13,027 -16% $291.40 69,472 11 Mar 2024 Direct F1
transaction ETN Ordinary Shares Options Exercise $99,991 +1,220 +1.8% $81.96* 70,692 11 Mar 2024 Direct
transaction ETN Ordinary Shares Tax liability $99,922 -342 -0.48% $292.17 70,350 11 Mar 2024 Direct
holding ETN Ordinary Shares 3,428 11 Mar 2024 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 -13,027 -100% $0.000000* 0 11 Mar 2024 Ordinary Shares 13,027 $71.89 Direct F2
transaction ETN Stock Option Options Exercise $0 -1,220 -7% $0.000000 16,180 11 Mar 2024 Ordinary Shares 1,220 $81.96 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 $291.34 - $291.75. 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:

President and Chief Operating Officer - Electrical Sector of Eaton Corporation, a subsidiary of the Issuer.