Peter Denk - 28 Feb 2024 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
President - Mobility Group of Eaton Corporation, a subsidiary of the Issuer.
Signature
/s/ Lizbeth L. Wright, as Attorney-in-Fact
Issuer symbol
ETN
Transactions as of
28 Feb 2024
Net transactions value
-$729,208
Form type
4
Filing time
01 Mar 2024, 18:46:36 UTC
Previous filing
26 Feb 2024
Next filing
09 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 Award $0 +2,824 +60% $0.000000 7,525 28 Feb 2024 Direct F1
transaction ETN Ordinary Shares Tax liability $336,204 -1,179 -16% $285.16 6,346 29 Feb 2024 Direct F2
transaction ETN Ordinary Shares Sale $240,431 -832 -13% $288.98 5,514 29 Feb 2024 Direct F3
transaction ETN Ordinary Shares Options Exercise $99,969 +1,242 +23% $80.49 6,756 29 Feb 2024 Direct
transaction ETN Ordinary Shares Tax liability $99,952 -346 -5.1% $288.88 6,410 29 Feb 2024 Direct
transaction ETN Ordinary Shares Options Exercise $99,978 +1,018 +16% $98.21 7,428 29 Feb 2024 Direct
transaction ETN Ordinary Shares Tax liability $99,702 -345 -4.6% $288.99 7,083 29 Feb 2024 Direct
transaction ETN Ordinary Shares Options Exercise $33,097 +337 +4.8% $98.21 7,420 29 Feb 2024 Direct
transaction ETN Ordinary Shares Sale $97,391 -337 -4.5% $288.99 7,083 29 Feb 2024 Direct
transaction ETN Ordinary Shares Options Exercise $99,977 +764 +11% $130.86 7,847 29 Feb 2024 Direct
transaction ETN Ordinary Shares Tax liability $99,705 -345 -4.4% $289.00 7,502 29 Feb 2024 Direct
transaction ETN Ordinary Shares Options Exercise $73,543 +562 +7.5% $130.86 8,064 29 Feb 2024 Direct
transaction ETN Ordinary Shares Sale $162,387 -562 -7% $288.94 7,502 29 Feb 2024 Direct

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 +2,700 $0.000000 2,700 28 Feb 2024 Ordinary Shares 2,700 $286.96 Direct F4
transaction ETN Restricted Stock Units Award $0 +850 $0.000000 850 28 Feb 2024 Ordinary Shares 850 $0.000000 Direct F5, F6
transaction ETN Stock Option Options Exercise $0 -1,242 -100% $0.000000* 0 29 Feb 2024 Ordinary Shares 1,242 $80.49 Direct F7
transaction ETN Stock Option Options Exercise $0 -1,018 -75% $0.000000 337 29 Feb 2024 Ordinary Shares 1,018 $98.21 Direct F8
transaction ETN Stock Option Options Exercise $0 -337 -100% $0.000000* 0 29 Feb 2024 Ordinary Shares 337 $98.21 Direct F8
transaction ETN Stock Option Options Exercise $0 -764 -20% $0.000000 3,136 29 Feb 2024 Ordinary Shares 764 $130.86 Direct F9
transaction ETN Stock Option Options Exercise $0 -562 -18% $0.000000 2,574 29 Feb 2024 Ordinary Shares 562 $130.86 Direct F9
* 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 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $288.93 - $288.98. 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 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.
F5 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.
F6 This field is not applicable.
F7 These stock options were granted on February 26, 2019 and were fully vested and exercisable.
F8 These stock options were granted on February 25, 2020 and were fully vested and exercisable.
F9 These stock options were granted on February 23, 2021 and became exercisable 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.

Remarks:

President - Mobility Group of Eaton Corporation, a subsidiary of the Issuer.