Stephen G. Crawford - Jan 13, 2022 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role
EVP & Chf Tech & Sustain Ofc.
Signature
Clark L. Jordan, by Power of Attorney
Stock symbol
EMN
Transactions as of
Jan 13, 2022
Transactions value $
-$598,400
Form type
4
Date filed
1/18/2022, 02:08 PM
Previous filing
May 13, 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 $652K +10K +46.13% $65.16 31.7K Jan 13, 2022 Direct F1
transaction EMN Common Stock Sale -$1.25M -10K -31.57% $125.00 21.7K Jan 13, 2022 Direct F1
holding EMN Common Stock 775 Jan 13, 2022 By ESOP F2
holding EMN Common Stock 391 Jan 13, 2022 By 401(k) Plan F3
holding EMN Common Stock 253 Jan 13, 2022 By Spouse in ESOP F4
holding EMN Common Stock 54 Jan 13, 2022 By Spouse in 401(k) Plan F5

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 -10K -50.77% $0.00 9.7K Jan 13, 2022 Common Stock 10K $65.16 Direct F6
* 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 August 19, 2021.
F2 Reflects ESOP allocations that have occurred since May 11, 2021.
F3 Includes 8 shares acquired since May 11, 2021 resulting from automatic reinvestment of dividends.
F4 Reflects ESOP allocations that have occurred since May 11, 2021.
F5 Includes 1 share acquired since May 11, 2021 resulting from automatic reinvestment of dividends.
F6 The option, representing a right to purchase a total of 19,965 shares, became exercisable in three equal annual installments on February 26, 2017, February 26, 2018, and February 26, 2019.