Scott V. King - Aug 1, 2021 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role
CAO & Controller
Signature
Brian L. Henry, by Power of Attorney
Stock symbol
EMN
Transactions as of
Aug 1, 2021
Transactions value $
-$190,867
Form type
4
Date filed
8/3/2021, 10:36 AM
Previous filing
Jun 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMN Common Stock Options Exercise +4.33K +35.73% 16.5K Aug 1, 2021 Direct F1
transaction EMN Common Stock Tax liability -$191K -1.71K -10.36% $111.88 14.8K Aug 1, 2021 Direct F2
holding EMN Common Stock 46 Aug 1, 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 -4.33K -49.99% 4.33K Aug 1, 2021 Common Stock 4.33K 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.