SEC Form 4 · accession 0001551182-19-000029
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
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 2:49 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 | Feb 21, 2019 | M | 1,487 | $0.00 | A | 26,391 | D | |
| Ordinary Shares | Feb 21, 2019 | F | 456 | $79.48 | D | 25,935 | D | |
| Ordinary Shares | Feb 22, 2019 | M | 1,677 | $0.00 | A | 27,612 | D | |
| Ordinary Shares | Feb 22, 2019 | F | 478 | $80.31 | D | 27,134 | D | |
| Ordinary Shares | Feb 22, 2019 | M | 6,120 | $0.00 | A | 33,254 | D | |
| Ordinary Shares | Feb 22, 2019 | F | 1,743 | $80.31 | D | 31,511 | 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 UnitsF1,F2,F3 | $0.00 | Feb 21, 2019 | M | 1,487 | D | Feb 21, 2018 | — | Ordinary Shares | 1,487 | 1,532 | D |
| Restricted Stock UnitsF1,F4,F3 | $0.00 | Feb 22, 2019 | M | 1,677 | D | Feb 23, 2017 | — | Ordinary Shares | 1,677 | 0 | D |
| Restricted Stock UnitsF1,F5,F3 | $0.00 | Feb 22, 2019 | M | 6,120 | D | Feb 23, 2019 | — | Ordinary Shares | 6,120 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one common share of the issuer.
- F2These restricted stock units were granted on February 21, 2017 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.
- F3This field is not applicable.
- F4These 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.
- F5These restricted stock units vest on the third anniversary of the grant date.
Remarks
President - Electric Products Group of Eaton Corporation, a subsidiary of the Issuer.