SEC Form 4 · accession 0001209191-16-126837
Eaton Corp plc · ETN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark M McGuire
Officer — See Remarks below.
Period of report
Jun 7, 2016
Accepted (ET)
Jun 9, 2016 · 4:19 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 | Jun 7, 2016 | M | 2,498 | $40.405 | A | 32,168 | D | |
| Ordinary SharesF1 | Jun 7, 2016 | F | 1,601 | $63.03 | D | 30,567 | D | |
| Ordinary Shares | Jun 7, 2016 | M | 18,751 | $40.405 | A | 49,318 | D | |
| Ordinary SharesF2 | Jun 7, 2016 | S | 18,751 | $63.0423 | D | 30,567 | D | |
| Ordinary SharesF3 | holding | — | — | — | 2,038 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $40.405 | Jun 7, 2016 | M | 2,498 | D | Feb 27, 2008 | Feb 27, 2017 | Ordinary Shares | 2,498 | 37,502 | D |
| Stock Option | $40.405 | Jun 7, 2016 | M | 18,751 | D | Feb 27, 2008 | Feb 27, 2017 | Ordinary Shares | 18,751 | 18,751 | D |
Explanation of responses
- F1These shares were delivered to the issuer to pay for the applicable option exercise price.
- F2Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $63.00 - $63.085. 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.
- F3These ordinary shares are held in the Eaton Savings Plan.
Remarks
Executive Vice President, General Counsel and Secretary of Eaton Corporation, a subsidiary of the Issuer