SEC Form 4 · accession 0001209191-16-125381
Eaton Corp plc · ETN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig Arnold
Officer — See Remarks below. · Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 9:18 am 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 | holding | — | — | — | 176,041 | D | ||
| Ordinary SharesF1 | holding | — | — | — | 154 | I | by trustee of ESP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Jun 1, 2016 | A | 16,221 | A | — | — | Ordinary Shares | 16,221 | 16,221 | D |
| Restricted Stock UnitsF4,F3 | $0.00 | holding | — | — | — | — | — | Ordinary Shares | 24,640 | 24,640 | D |
Explanation of responses
- F1These ordinary shares are held in the Eaton Savings Plan.
- F2These restricted stock units vest on June 1, 2019.
- F3These restricted stock units were granted on February 23, 2016 and vest 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.
- F4This amount has been corrected to remove 24,639 restricted stock units that were inadvertently included in Column 9 of the Form 4 filed by the reporting person on February 25, 2016.
Remarks
Chief Executive Officer of Eaton Corporation, a subsidiary of the Issuer