SEC Form 4 · accession 0001551182-16-000096
Eaton Corp plc · ETN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard H Fearon
Officer — See Remarks below. · Director
Period of report
Aug 5, 2016
Accepted (ET)
Aug 9, 2016 · 10:18 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 | Aug 5, 2016 | M | 2,405 | $41.57 | A | 276,386 | D | |
| Ordinary SharesF1 | Aug 5, 2016 | F | 1,530 | $65.30 | D | 274,856 | D | |
| Ordinary Shares | Aug 5, 2016 | M | 65,195 | $41.57 | A | 340,051 | D | |
| Ordinary SharesF2 | Aug 5, 2016 | S | 65,195 | $65.29 | D | 274,856 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $41.57 | Aug 5, 2016 | M | 65,195 | D | Feb 26, 2009 | Feb 26, 2018 | Ordinary Shares | 65,195 | 0 | D |
| Stock Option | $41.57 | Aug 5, 2016 | M | 2,405 | D | Feb 26, 2011 | Feb 26, 2018 | Ordinary Shares | 2,405 | 0 | D |
Explanation of responses
- F1These shares were delivered to the issuer to pay for the applicable option exercise price and withholding tax.
- F2Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $65.28 - $65.33. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issue, to provide full information regarding the number of shares sold at each separate price.
Remarks
Vice Chairman and Chief Financial and Planning officer of Eaton Corporation, a subsidiary of the Issuer