Brett D. Begemann - 05 May 2022 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Reporting relationship: Director
Issuer ticker: EMN
Reported as of: 05 May 2022
Net transaction value: +$110,002
SEC form: 4
Accepted by SEC: 09 May 2022, 16:35:23 UTC
Prior SEC filing: 05 Apr 2022
Next SEC filing: 12 Oct 2022
Source filing: View source filing
Reporting owner signature: Mark D. Austin, by Power of Attorney

Filing notes and source

Key filing fact

Brett D. Begemann filed Form 4 for EASTMAN CHEMICAL CO (EMN) on 09 May 2022.

Key facts

This page summarizes Brett D. Begemann's Form 4 filing for EASTMAN CHEMICAL CO (EMN).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 09 May 2022, 16:35.

Change

Previous filing in this sequence was filed on 05 Apr 2022.
Current net transaction value: +$110,002.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EMN transaction Derivative

Phantom Stock Units

Award

Transaction value: $110,002
Shares: +1,041
Change %: +3%
Price: $105.67
Shares after: 35,393
Date: 05 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,041
Exercise price: $0.000000
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Unvested Phantom Stock Units credited under the Directors' Deferred Compensation Plan, each having a value equal to the market value of one share of issuer common stock. The Phantom Stock Units will vest if the director is still serving as a director of the issuer immediately prior to election of directors at the May 4, 2023 annual meeting of stockholders, and are payable only in cash after termination of service as a director.

Footnote F2

Deferral at election of director of value of annual non-employee director restricted stock award that would otherwise have been paid in common stock into Phantom Stock Units.

Footnote F3

Includes 46 units credited since April 1, 2022 as hypothetical reinvestment of dividend equivalents.