KELLYE L. WALKER - 13 Apr 2022 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role: EVP, CLO
Signature: Mark D. Austin, by Power of Attorney
Issuer symbol: EMN
Transactions as of: 13 Apr 2022
Net transactions value: -$786,153
Form type: 4
Filing time: 14 Apr 2022, 16:28:40 UTC
Previous filing: 01 Mar 2022
Next filing: 14 Dec 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		+18,701	+157%		30,630	13 Apr 2022	Direct	F1
transaction	EMN	Common Stock	Tax liability	$786,153	-7,253	-24%	$108.39	23,377	13 Apr 2022	Direct	F2
holding	EMN	Common Stock						262	13 Apr 2022	By ESOP	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	Restricted Stock Units	Options Exercise		-18,701	-50%		18,701	13 Apr 2022	Common Stock	18,701		Direct	F1, F4

* 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 of vesting.
F2	Shares of common stock withheld in satisfaction of tax liability upon vesting of the 18,701 restricted stock units.
F3	Reflects ESOP allocations that have occurred since April 13, 2021.
F4	Remaining one-third of the underlying shares that vest April 12, 2023 subject to continued employment.