SEC Form 4 · accession 0001551182-16-000129
Eaton Corp plc · ETN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ken D Semelsberger
Officer — See Remarks below.
Period of report
Dec 9, 2016
Accepted (ET)
Dec 13, 2016 · 3:37 pm EST
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 | Dec 9, 2016 | M | 2,487 | $40.405 | A | 88,706 | D | |
| Ordinary SharesF1 | Dec 9, 2016 | F | 1,452 | $69.16 | D | 87,254 | D | |
| Ordinary Shares | Dec 9, 2016 | M | 19,913 | $40.405 | A | 107,167 | D | |
| Ordinary SharesF2 | Dec 9, 2016 | S | 19,913 | $69.1463 | D | 87,254 | D | |
| Ordinary Shares | Dec 9, 2016 | M | 2,405 | $41.565 | A | 89,659 | D | |
| Ordinary SharesF1 | Dec 9, 2016 | F | 1,444 | $69.20 | D | 88,215 | D | |
| Ordinary Shares | holding | — | — | — | 4,555 | 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 | Dec 9, 2016 | M | 2,487 | D | Feb 27, 2008 | Feb 27, 2017 | Ordinary Shares | 2,487 | 19,913 | D |
| Stock Option | $40.405 | Dec 9, 2016 | M | 19,913 | D | Feb 27, 2008 | Feb 27, 2017 | Ordinary Shares | 19,913 | 0 | D |
| Stock Option | $41.565 | Dec 9, 2016 | M | 2,405 | D | Feb 26, 2009 | Feb 26, 2018 | Ordinary Shares | 2,405 | 15,595 | 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 $69.05 - $69.165. 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.
Remarks
Senior Vice President and Controller of Eaton Corporation, a subsidiary of the Issuer