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

Role
EVP & Chf Tech & Sustain Ofc.
Signature
Clark L. Jordan, by Power of Attorney
Issuer symbol
EMN
Transactions as of
13 Jan 2022
Net transactions value
-$598,400
Form type
4
Filing time
18 Jan 2022, 14:08:39 UTC
Previous filing
13 May 2021
Next filing
25 Feb 2022
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 $651,600 +10,000 +46% $65.16 31,680 13 Jan 2022 Direct F1
transaction EMN Common Stock Sale $1,250,000 -10,000 -32% $125.00 21,680 13 Jan 2022 Direct F1
holding EMN Common Stock 775 13 Jan 2022 By ESOP F2
holding EMN Common Stock 391 13 Jan 2022 By 401(k) Plan F3
holding EMN Common Stock 253 13 Jan 2022 By Spouse in ESOP F4
holding EMN Common Stock 54 13 Jan 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 -10,000 -51% $0.000000 9,695 13 Jan 2022 Common Stock 10,000 $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.