EATON CORP 4

Accession 0001181431-12-061852

CIK 0000031277operating

View on SEC.gov Company Profile

Filed

Dec 2, 7:00 PM ET

Accepted

Dec 3, 5:44 PM ET

Size

33.7 KB

Accession

0001181431-12-061852

Insider Transaction Report

Form 4

Period: 2012-11-30

EATON CORPETN

CUTLER ALEXANDER M

DirectorChairman and CEO

Transactions

Disposition to Issuer
Common Stock
2012-11-30−577,708→ 0 total
Disposition to Issuer
Restricted Stock Units
2012-11-30−34,050→ 0 total
Exercise: $0.00→ Common Shares (34,050 underlying)
Disposition to Issuer
Stock Option
2012-11-30−402,000→ 0 total
Exercise: $34.11Exp: 2015-02-22→ Common Shares (402,000 underlying)
Disposition to Issuer
Stock Option
2012-11-30−237,400→ 0 total
Exercise: $41.56Exp: 2018-02-26→ Common Shares (237,400 underlying)
Disposition to Issuer
Common Stock
2012-11-30−2,000→ 0 total(indirect: By son)
Disposition to Issuer
Common Stock
2012-11-30−38,290.004→ 0 total(indirect: By Trust)
Disposition to Issuer
Stock Option
2012-11-30−154,700→ 0 total
Exercise: $53.71Exp: 2021-02-22→ Common Shares (154,700 underlying)
Disposition to Issuer
Restricted Stock Units
2012-11-30−9,168→ 0 total
Exercise: $0.00→ Common Shares (9,168 underlying)
Disposition to Issuer
Restricted Stock Units
2012-11-30−40,915→ 0 total
Exercise: $0.00→ Common Shares (40,915 underlying)
Disposition to Issuer
Stock Option
2012-11-30−151,300→ 0 total
Exercise: $51.94Exp: 2022-02-21→ Common Shares (151,300 underlying)
Disposition to Issuer
Stock Option
2012-11-30−8,462→ 0 total
Exercise: $29.54Exp: 2012-02-24→ Common Shares (8,462 underlying)
Disposition to Issuer
Restricted Stock Units
2012-11-30−54,170→ 0 total
Exercise: $0.00→ Common Shares (54,170 underlying)
Disposition to Issuer
Stock Option
2012-11-30−330,000→ 0 total
Exercise: $34.31Exp: 2016-02-21→ Common Shares (330,000 underlying)
Disposition to Issuer
Stock Option
2012-11-30−280,000→ 0 total
Exercise: $40.41Exp: 2017-02-27→ Common Shares (280,000 underlying)

Footnotes (12)

[F1]Represents shares of Eaton Corporation ("Eaton") disposed of pursuant to merger of a wholly-owned subsidiary of Eaton Corporation plc ("New Eaton") with and into Eaton, with Eaton surviving the merger as a wholly-owned subsidiary of New Eaton (the "Merger"), in exchange for ordinary shares of New Eaton, which was consummated simultaneous with and conditioned on New Eaton's acquisition of Cooper Industries plc by means of a "scheme of arrangement", an Irish statutory procedure under the Companies Act of 1963. At the effective time of the Merger, each Eaton common share was cancelled and converted into the right to receive one New Eaton ordinary share.
[F10]This option, which was fully vested at the effective time of the Merger, was assumed by New Eaton in the Merger and replaced with an option to purchase 330,000 ordinary shares of New Eaton for $34.31 per share with the same terms and conditions as the original Eaton stock option.
[F11]This option, which was fully vested at the effective time of the Merger, was assumed by New Eaton in the Merger and replaced with an option to purchase 280,000 ordinary shares of New Eaton for $40.405 per share with the same terms and conditions as the original Eaton stock option.
[F12]This option, which was fully vested at the effective time of the Merger, was assumed by New Eaton in the Merger and replaced with an option to purchase 237,400 ordinary shares of New Eaton for $41.565 per share with the same terms and conditions as the original Eaton stock option.
[F2]These restricted stock units, which vest in four equal installments beginning on February 24, 2010, were assumed by New Eaton in the Merger and replaced with 9,168 New Eaton restricted stock units with the same terms and conditions as the original Eaton restricted stock units.
[F3]These restricted stock units, which vest in four equal installments beginning on February 23, 2011, were assumed by New Eaton in the Merger and replaced with 54,170 New Eaton restricted stock units with the same terms and conditions as the original Eaton restricted stock units.
[F4]These restricted stock units, which vest in four equal installments beginning on February 22, 2012, were assumed by New Eaton in the Merger and replaced with 34,050 New Eaton restricted stock units with the same terms and conditions as the original Eaton restricted stock units.
[F5]These restricted stock units, which vest in four equal installments beginning on February 21, 2013, were assumed by New Eaton in the Merger and replaced with 40,915 New Eaton restricted stock units with the same terms and conditions as the original Eaton restricted stock unit.
[F6]This option, which provided for vesting in three equal installments beginning on February 21, 2013, was assumed by New Eaton in the Merger and replaced with an option to purchase 151,300 ordinary shares of New Eaton for $51.94 per share with the same terms and conditions as the original Eaton stock option.
[F7]This option, which provided for vesting in three equal installments beginning on February 22, 2012, was assumed by New Eaton in the Merger and replaced with an option to purchase 154,700 ordinary shares of New Eaton for $53.71 per share with the same terms and conditions as the original Eaton stock option.
[F8]This option, which was fully vested at the effective time of the Merger, was assumed by New Eaton in the Merger and replaced with an option to purchase 8,462 ordinary shares of New Eaton for $29.535 per share with the same terms and conditions as the original Eaton stock option.
[F9]This option, which was fully vested at the effective time of the Merger, was assumed by New Eaton in the Merger and replaced with an option to purchase 402,000 ordinary shares of New Eaton for $34.11 per share with the same terms and conditions as the original Eaton stock option.

Documents

1 file

4
rrd361896.xmlPrimary
FROM 4

Issuer

EATON CORP

CIK 0000031277

→

Entity typeoperating

IncorporatedOH

Related Parties

filerCIK 0000031277

Filing Metadata

Form type: 4
Filed: Dec 2, 7:00 PM ET
Accepted: Dec 3, 5:44 PM ET
Size: 33.7 KB

View on SEC.gov