SEC Form 4 · accession 0001551182-19-000072
Eaton Corp plc · ETN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nandakumar Cheruvatath
Officer — See Remarks below.
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 5:01 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 27, 2019 | M | 795 | $0.00 | A | 20,050 | D | |
| Ordinary Shares | Feb 27, 2019 | F | 395 | $0.00 | D | 19,655 | D | |
| Ordinary SharesF1 | Feb 27, 2019 | A | 4,806 | $0.00 | A | 24,461 | D | |
| Ordinary Shares | holding | — | — | — | 1,742 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | $0.00 | Feb 26, 2019 | A | 3,120 | A | Feb 26, 2020 | — | Ordinary Shares | 3,120 | 3,120 | D |
| Stock OptionF4 | $80.49 | Feb 26, 2019 | A | 17,800 | A | Feb 26, 2020 | Feb 26, 2029 | Ordinary Shares | 17,800 | 17,800 | D |
| Restricted Stock UnitsF5,F3 | $0.00 | Feb 27, 2019 | M | 795 | D | — | — | Ordinary Shares | 795 | 1,615 | D |
Explanation of responses
- F1These shares were acquired upon the vesting of certain performance share awards.
- F2These restricted stock units were granted on February 26, 2019 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 stock options become exercisable as follows: 33% on the first and second anniversary of the date of the grant and the remaining 34% on the third anniversary of the date of the grant.
- F5These restricted stock units were granted on February 27, 2018 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 - Aerospace Group of Eaton Corporation, a subsidiary of the Issuer.