SEC Form 4 · accession 0001551182-17-000135
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
May 4, 2017
Accepted (ET)
May 8, 2017 · 12:58 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 SharesF1 | May 4, 2017 | S | 3,034 | $76.082 | D | 22,601 | D | |
| Ordinary Shares | May 4, 2017 | M | 2,405 | $41.565 | A | 25,006 | D | |
| Ordinary SharesF1 | May 4, 2017 | F | 1,315 | $75.97 | D | 23,691 | D | |
| Ordinary Shares | May 4, 2017 | M | 4,860 | $53.71 | A | 28,551 | D | |
| Ordinary SharesF1 | May 4, 2017 | F | 3,431 | $76.06 | D | 25,120 | D | |
| Ordinary SharesF2 | holding | — | — | — | 5,664 | 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 | $41.565 | May 4, 2017 | M | 2,405 | D | — | Feb 26, 2018 | Ordinary Shares | 2,405 | 0 | D |
| Stock OptionF4 | $53.71 | May 4, 2017 | M | 4,860 | D | — | Feb 22, 2021 | Ordinary Shares | 4,860 | 2,140 | 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 options were granted on February 26, 2008, and became exercisable as follows: 33% on the first and second anniversaries of the grant date and the remaining 34% on the third anniversary of the grant date.
- F4These options were granted on February 22, 2011, and became exercisable as follows: 33% on the first and second anniversaries of the grant date and the remaining 34% on the third anniversary of the grant date.
Remarks
Chief Operating Officer - Industrial Sector of Eaton Corporation, a subsidiary of the Issuer.