SEC Form 4 · accession 0001551182-16-000098
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
Aug 5, 2016
Accepted (ET)
Aug 9, 2016 · 1:39 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 | Aug 5, 2016 | M | 46,088 | $40.41 | A | 222,956 | D | |
| Ordinary SharesF1 | Aug 5, 2016 | S | 46,088 | $65.16 | D | 176,868 | D | |
| Ordinary Shares | Aug 5, 2016 | M | 11,425 | $40.41 | A | 188,293 | D | |
| Ordinary SharesF2 | holding | — | — | — | 155 | 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 | $40.41 | Aug 5, 2016 | M | 46,088 | D | Feb 27, 2008 | Feb 27, 2017 | Ordinary Shares | 46,088 | 11,425 | D |
| Stock Option | $40.41 | Aug 5, 2016 | M | 11,425 | D | Feb 27, 2008 | Feb 27, 2017 | Ordinary Shares | 11,425 | 0 | D |
Explanation of responses
- F1Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $65.15 - $65.23. 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.
- F2These ordinary shares are held in the Eaton Savings Plan.
Remarks
Chief Executive Officer of Eaton Corporation, a subsidiary of the Issuer