EATON CORP 4
4 · EATON CORP · Filed Mar 17, 2006
Insider Transaction Report
Form 4
EATON CORPETN
FRANKLIN EARL R
Vice President and Secretary
Transactions
- Award
Phantom Shares
2006-03-15$66.22/sh+2,254.756$149,310→ 28,561.342 totalExercise: $0.00→ Common Shares (2,254.756 underlying)
Holdings
- 17,970
Common Shares
- 5,621.746(indirect: By Trust)
Common Shares
Footnotes (3)
- [F1]These shares are held in the Eaton Savings Plan.
- [F2]This field is not applicable.
- [F3]These Phantom Share Units were acquired by the reporting person's deferral in the deferred incentive compensation plans maintained by the Company of bonus and long-term incentive compensation earned during 2005. The number of Phantom Share Units acquired is based on the average of the mean prices for Eaton Common Shares for the twenty trading days immediately following the end of the period in which the compensation was earned.