Perry Stuckey - Jun 1, 2021 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role
SVP, Chf HR Ofcr
Signature
Brian L. Henry, by Power of Attorney
Stock symbol
EMN
Transactions as of
Jun 1, 2021
Transactions value $
-$409,005
Form type
4
Date filed
6/2/2021, 11:23 AM
Previous filing
May 19, 2021
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMN Common Stock Options Exercise $411K +6.31K +17.32% $65.16 42.7K Jun 1, 2021 Direct F1
transaction EMN Common Stock Sale -$820K -6.31K -14.77% $130.03 36.4K Jun 1, 2021 Direct F1, F2
holding EMN Common Stock 1.04K Jun 1, 2021 By ESOP
holding EMN Common Stock 922 Jun 1, 2021 By 401(k) Plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EMN Employee Stock Option (right to buy) Options Exercise $0 -6.31K -100% $0.00* 0 Jun 1, 2021 Common Stock 6.31K $65.16 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise and stock sale reported in this Form 4 was effected pursusant to a Rule 10b5-1 trading plan entered into by the reporting person and his broker on February 12, 2021.
F2 Average weighted sale price for shares disposed of in the reported transaction. The shares were sold in multiple broker's transactions at various prices per share ranging from $130.00 to $130.05. The reporting person undertakes to provide to the issuer, any stockholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2).
F3 Includes 1 share acquired since May 17, 2021 resulting from automatic reinvestment of dividends.