EATON CORP 4
4 · EATON CORP · Filed Mar 17, 2006
Insider Transaction Report
Form 4
EATON CORPETN
Tsavalas Yannis P
V.P. and Chief Tech. Officer
Transactions
- Award
Phantom Shares
2006-03-15$66.22/sh+4,847.95$321,031→ 4,872 totalExercise: $0.00→ Common Shares (4,847.95 underlying)
Holdings
- 6,623
Common Shares
- 176.756(indirect: By Trust)
Common Shares
Footnotes (4)
- [F1]Certain of these shares represent restricted shares issued under an Eaton Corporation stock plan and are subject to risk of forfeiture.
- [F2]These shares are held in the Eaton Savings Plan.
- [F3]This field is not applicable.
- [F4]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.