SEC Form 4 · accession 0001551182-18-000070
Eaton Corp plc · ETN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Joao V Faria
Officer — See Remarks below.
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 9:57 am 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 SharesF1 | Feb 23, 2018 | M | 606 | $0.00 | A | 48,752 | D | |
| Ordinary SharesF2 | Feb 23, 2018 | F | 176 | $82.12 | D | 48,576 | D | |
| Ordinary SharesF1 | Feb 23, 2018 | M | 774 | $0.00 | A | 49,350 | D | |
| Ordinary SharesF2 | Feb 23, 2018 | F | 226 | $82.12 | D | 49,124 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4,F5 | $0.00 | Feb 23, 2018 | M | 606 | D | Feb 24, 2016 | — | Ordinary Shares | 606 | 0 | D |
| Restricted Stock UnitsF3,F6,F5 | $0.00 | Feb 23, 2018 | M | 774 | D | Feb 23, 2017 | — | Ordinary Shares | 774 | 798 | D |
Explanation of responses
- F1These ordinary shares were acquired upon the vesting and settlement of certain restricted stock units.
- F2These ordinary shares were delivered to the Issuer to pay for the applicable withholding tax due upon vesting of certain restricted stock units.
- F3Each restricted stock unit represents a contingent right to receive one common share of the issuer.
- F4These restricted stock units were granted on February 24, 2015 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date.
- F5This field is not applicable.
- F6These restricted stock units were granted on February 23, 2016 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date.
Remarks
President - Vehicle Group of Eaton Corporation, a subsidiary of the Issuer.