Brian Travis Smith - Feb 15, 2023 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role
SVP, Add & Funct Prod
Signature
/s/ Mark D. Austin, by Power of Attorney for Brian Travis Smith
Stock symbol
EMN
Transactions as of
Feb 15, 2023
Transactions value $
-$95,861
Form type
4
Date filed
2/17/2023, 03:13 PM
Previous filing
Oct 18, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMN Common Stock Award $0 +3.6K +316.92% $0.00 4.73K Feb 15, 2023 Direct F1
transaction EMN Common Stock Tax liability -$95.9K -1.08K -22.74% $89.09 3.66K Feb 15, 2023 Direct F2
holding EMN Common Stock 0 Feb 15, 2023 By 401(k) Plan 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
holding EMN Phantom Stock Units 7 Feb 15, 2023 Common Stock 7 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payout under performance shares awarded at beginning of three-year (2020-2022) performance period.
F2 Shares of common stock withheld in payment of tax liability incident to payout under performance shares.
F3 These shares were incorrectly reported on the reporting person's original Form 3 and Form 4 filed on October 17, 2022 after the original Form 3 was filed. Mr. Smith holds 0 shares in his 401(k) Plan.
F4 Phantom Stock Units credited under the Executive Deferred Compensation Plan, each having a value equal to one share of issuer common stock and payable only in cash and subject to certain acceleration and early withdrawal provisions, after termination of employement. These shares were incorrectly counted as shares in reporting person's 401(k) Plan with original Form 3 Filing.