SEC Form 4 · accession 0001209191-16-119781
Eaton Corp plc · ETN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander M Cutler
Officer — See Remarks below. · Director
Period of report
May 11, 2016
Accepted (ET)
May 13, 2016 · 12:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001551182
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | May 11, 2016 | M | 138,762 | $40.405 | A | 635,939 | D | |
| Ordinary SharesF1 | May 11, 2016 | S | 138,762 | $62.3311 | D | 497,177 | D | |
| Ordinary Shares | holding | — | — | — | 41,828 | I | by trustee of ESP | |
| Ordinary Shares | holding | — | — | — | 2,000 | I | by son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $40.405 | May 11, 2016 | M | 138,762 | D | Feb 27, 2008 | Feb 27, 2017 | Ordinary Shares | 138,762 | 138,761 | D |
Explanation of responses
- F1Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $61.84 - $62.63. 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.
Remarks
Chief Executive Officer of Eaton Corporation, a subsidiary of the Issuer