SEC Form 4 · accession 0001551182-16-000103
Eaton Corp plc · ETN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Uday Yadav
Officer — See Remarks below.
Period of report
Aug 30, 2016
Accepted (ET)
Sep 1, 2016 · 10:23 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 SharesF1 | Aug 30, 2016 | S | 6,867 | $67.074 | D | 22,601 | D | |
| Ordinary Shares | Aug 30, 2016 | M | 3,051 | $40.405 | A | 25,652 | D | |
| Ordinary SharesF1 | Aug 30, 2016 | S | 3,051 | $67.018 | D | 22,601 | D | |
| Ordinary Shares | Aug 30, 2016 | M | 5,795 | $41.565 | A | 28,396 | D | |
| Ordinary SharesF1 | Aug 30, 2016 | S | 5,500 | $67.044 | D | 22,896 | D | |
| Ordinary SharesF1 | Aug 30, 2016 | S | 295 | $67.043 | D | 22,601 | D | |
| Ordinary SharesF2 | holding | — | — | — | 5,546 | 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 OptionF3 | $40.405 | Aug 30, 2016 | M | 3,051 | D | — | Feb 27, 2017 | Ordinary Shares | 3,051 | 0 | D |
| Stock OptionF4 | $41.565 | Aug 30, 2016 | M | 5,795 | D | — | Feb 26, 2018 | Ordinary Shares | 5,795 | 2,405 | D |
Explanation of responses
- F1Price reported constitutes the average price of shares sold. 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.
- F2These ordinary shares are held in the Eaton Savings Plan.
- F3These stock options were granted on February 27, 2007 and became fully exercisable over a three year period which ended on February 27, 2010.
- F4These stock options were granted on February 26, 2008 and became fully exercisable over a three year period which ended on February 26, 2011.
Remarks
Chief Operating Officer - Industrial Sector of Eaton Corporation, a subsidiary of the Issuer.