SEC Form 4 · accession 0001551182-19-000113
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 12, 2019
Accepted (ET)
Mar 13, 2019 · 4:05 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 SharesF1 | Mar 12, 2019 | S | 18,894 | $80.58 | D | 20,204 | D | |
| Ordinary Shares | Mar 12, 2019 | M | 1,326 | $75.36 | A | 21,530 | D | |
| Ordinary Shares | Mar 12, 2019 | F | 1,240 | $80.57 | D | 20,290 | D | |
| Ordinary Shares | Mar 12, 2019 | M | 4,924 | $75.36 | A | 25,214 | D | |
| Ordinary Shares | Mar 12, 2019 | S | 4,924 | $80.80 | D | 20,290 | D | |
| Ordinary Shares | Mar 12, 2019 | M | 1,395 | $71.72 | A | 21,685 | D | |
| Ordinary Shares | Mar 12, 2019 | F | 1,240 | $80.65 | D | 20,445 | D | |
| Ordinary Shares | Mar 12, 2019 | M | 7,155 | $71.72 | A | 27,600 | D | |
| Ordinary Shares | Mar 12, 2019 | S | 7,155 | $80.82 | D | 20,445 | D | |
| Ordinary Shares | Mar 12, 2019 | M | 1,768 | $56.55 | A | 22,213 | D | |
| Ordinary Shares | Mar 12, 2019 | F | 1,239 | $80.67 | D | 20,974 | D | |
| Ordinary Shares | Mar 12, 2019 | M | 7,276 | $56.55 | A | 28,250 | D | |
| Ordinary Shares | Mar 12, 2019 | S | 7,276 | $80.83 | D | 20,974 | D | |
| Ordinary Shares | Mar 12, 2019 | M | 14,949 | $71.89 | A | 35,923 | D | |
| Ordinary SharesF1 | Mar 12, 2019 | S | 14,949 | $80.81 | D | 20,974 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $75.36 | Mar 12, 2019 | M | 1,326 | D | Feb 25, 2015 | Feb 25, 2024 | Ordinary Shares | 1,326 | 4,924 | D |
| Stock OptionF2 | $75.36 | Mar 12, 2019 | M | 4,924 | D | Feb 25, 2015 | Feb 25, 2024 | Ordinary Shares | 4,924 | 0 | D |
| Stock OptionF3 | $71.72 | Mar 12, 2019 | M | 1,395 | D | Feb 24, 2016 | Feb 24, 2025 | Ordinary Shares | 1,395 | 7,155 | D |
| Stock OptionF3 | $71.72 | Mar 12, 2019 | M | 7,155 | D | Feb 24, 2016 | Feb 24, 2025 | Ordinary Shares | 7,155 | 0 | D |
| Stock OptionF4 | $56.55 | Mar 12, 2019 | M | 1,768 | D | Feb 23, 2017 | Feb 23, 2026 | Ordinary Shares | 1,768 | 7,276 | D |
| Stock OptionF4 | $56.55 | Mar 12, 2019 | M | 7,276 | D | Feb 23, 2017 | Feb 23, 2026 | Ordinary Shares | 7,276 | 0 | D |
| Stock OptionF5 | $71.89 | Mar 12, 2019 | M | 14,949 | D | Feb 21, 2018 | Feb 21, 2027 | Ordinary Shares | 14,949 | 7,701 | 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 options were granted on February 25, 2014, and are fully vested and exercisable.
- F3These options were granted on February 24, 2015, 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.
- 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.
- F5These 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 - Electrical Products Group of Eaton Corporation, a subsidiary of the Issuer.