SEC Form 4 · accession 0001551182-18-000136
Eaton Corp plc · ETN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joao V Faria
Officer — See Remarks below.
Period of report
Mar 9, 2018
Accepted (ET)
Mar 13, 2018 · 2:00 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 | Mar 9, 2018 | M | 4,175 | $56.55 | A | 53,909 | D | |
| Ordinary Shares | Mar 9, 2018 | S | 4,175 | $82.29 | D | 49,734 | D | |
| Ordinary Shares | Mar 9, 2018 | M | 2,838 | $71.89 | A | 52,572 | D | |
| Ordinary Shares | Mar 9, 2018 | S | 2,838 | $82.29 | D | 49,734 | D | |
| Ordinary Shares | Mar 9, 2018 | S | 2,000 | $82.44 | D | 47,734 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $56.55 | Mar 9, 2018 | M | 4,175 | D | Feb 23, 2017 | Feb 23, 2026 | Ordinary Shares | 4,175 | 4,301 | D |
| Stock OptionF2 | $71.89 | Mar 9, 2018 | M | 2,838 | D | Feb 21, 2018 | Feb 21, 2027 | Ordinary Shares | 2,838 | 5,762 | D |
Explanation of responses
- F1These options were granted on February 23, 2016, and are exercisable as follows: 33% on the first and second anniversaries of the grant date and 34% on the third anniversary of the grant date.
- F2These options were granted on February 21, 2017, and are exercisable as follows: 33% on the first and second anniversaries of the grant date and 34% on the third anniversary of the grant date.
Remarks
President - Vehicle Group of Eaton Corporation, a subsidiary of the Issuer.