Scott King V - 01 Aug 2021 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role: CAO & Controller
Signature: Brian L. Henry, by Power of Attorney
Issuer symbol: EMN
Transactions as of: 01 Aug 2021
Net transactions value: -$190,867
Form type: 4
Filing time: 03 Aug 2021, 10:36:58 UTC
Previous filing: 03 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EMN	Common Stock	Options Exercise		+4,333	+36%		16,460	01 Aug 2021	Direct	F1
transaction	EMN	Common Stock	Tax liability	$190,867	-1,706	-10%	$111.88	14,754	01 Aug 2021	Direct	F2
holding	EMN	Common Stock						46	01 Aug 2021	By ESOP

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	Restricted Stock Units	Options Exercise		-4,333	-50%		4,334	01 Aug 2021	Common Stock	4,333		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Payout of shares underlying restricted stock units upon satisfaction of time condition to vesting.
F2	Shares of common stock withheld in satisfaction of tax liability upon vesting of restricted stock units.
F3	Remaining one-third of the underlying shares that vest on 8/1/2022 subject to continued employment.