SEC Form 4 · accession 0001551182-18-000159
Eaton Corp plc · ETN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M. Eubanks
Officer — See Remarks below
Period of report
Mar 14, 2018
Accepted (ET)
Mar 16, 2018 · 1:13 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 14, 2018 | M | 4,966 | $59.56 | A | 20,928 | D | |
| Ordinary Shares | Mar 14, 2018 | S | 4,966 | $80.11 | D | 15,962 | D | |
| Ordinary Shares | Mar 14, 2018 | M | 17,556 | $56.55 | A | 33,518 | D | |
| Ordinary SharesF1 | Mar 14, 2018 | S | 17,556 | $80.05 | D | 15,962 | D | |
| Ordinary SharesF2 | holding | — | — | — | 2,143 | 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 | $59.56 | Mar 14, 2018 | M | 4,966 | D | Feb 26, 2014 | Feb 26, 2023 | Ordinary Shares | 4,966 | 0 | D |
| Stock OptionF4 | $56.55 | Mar 14, 2018 | M | 17,556 | D | Feb 23, 2017 | Feb 23, 2026 | Ordinary Shares | 17,556 | 9,044 | D |
Explanation of responses
- F1Price reported constitutes the average weighted 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, 2013, and are fully vested and exercisable.
- F4These 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.
Remarks
President - Electrical Products Group of Eaton Corporation, a subsidiary of the Issuer.